economy

Definition

  • n. the system of production and distribution and consumption
  • n. the efficient use of resources
  • n. frugality in the expenditure of money or resources
  • n. an act of economizing; reduction in cost

Word forms

Plural
economies

Example sentences

  1. n.

    Many families are looking for ways to save money in this tough economy.

  2. n.

    The economy of the body relies on the balance of various systems working together.