Economy meaning

What does “economy” mean? Definitions, examples, synonyms and opposites.

“economy” is a noun with 4 meanings. Its most common meaning is: the system of production and distribution and consumption.

economy

the system of production and distribution and consumption
Synonymseconomic system
the efficient use of resources
“economy of effort”
frugality in the expenditure of money or resources
“the Scots are famous for their economy”
Synonymsthriftiness
an act of economizing; reduction in cost
“it was a small economy to walk to work every day”
“there was a saving of 50 cents”
Synonymssaving

Source: WordNet 3.1, Princeton University