economy n pl , -mies
1 careful management of resources to avoid unnecessary expenditure or waste; thrift
2 a means or instance of this; saving
3 sparing, restrained, or efficient use, esp. to achieve the maximum effect for the minimum effort
economy of language
a the complex of human activities concerned with the production, distribution, and consumption of goods and services
b a particular type or branch of such production, distribution, and consumption
a socialist economy an agricultural economy
5 the management of the resources, finances, income, and expenditure of a community, business enterprise, etc.
a a class of travel in aircraft, providing less luxurious accommodation than first class at a lower fare
b (as modifier)
economy class
7 offering or purporting to offer a larger quantity for a lower price
economy pack
8 the orderly interplay between the parts of a system or structure
the economy of nature
9 (Philosophy) the principle that, of two competing theories, the one with less ontological presupposition is to be preferred
10 Archaic the management of household affairs; domestic economy
(C16: via Latin from Greek oikonomia domestic management, from oikos house + -nomia, from nemein to manage)