economy (n.)

  1. the system of production and distribution and consumption

    [ Syn: economic system ]

  2. the efficient use of resources; economy of effort'

  3. frugality in the expenditure of money or resources; the Scots are famous for their economy

    [ Syn: thriftiness ]

  4. 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

    [ Syn: saving ]

The dictionary is based on the WordNet Electronic Lexical Database.
WordNet 3.0 Copyright 2011 by Princeton University. All rights reserved.