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The following statistics are based on the British National Corpus, so they are representative for the British English.

Distribution of usage frequency for the most common synonyms of the noun economy:


The word economy and its family (economic, economical, economically, economics, economies, economist, economists, uneconomical) are included in the Academic Word List by Dr. Averil Coxhead, which contains the 570 most frequent word families used in academic texts from a variety of subject areas, of interest for students that learn the words most needed to study at tertiary institutions.

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Definition of the noun economy

What does economy mean as a name of something?

Economy is one of the top 1000 most common nouns in the English language.

noun - plural: economies

  1. the system of production and distribution and consumption
    • lexical domain: Groups - nouns denoting groupings of people or objects
    • synonym of economy: economic system
    • more generic words: scheme / system = a group of independent but interrelated elements comprising a unified whole
    • more specific terms:
    • parts:
      • sector = a social group that forms part of the society or the economy
      • black economy = a hidden sector of the economy where private cash transactions go unreported
  2. the efficient use of resources
    • example: economy of effort
    • lexical domain: Cognitive Processes - nouns denoting cognitive processes and contents
    • more generic word: efficiency = skillfulness in avoiding wasted time and effort
  3. frugality in the expenditure of money or resources
    • example: the Scots are famous for their economy
    • lexical domain: Attributes - nouns denoting attributes of people and objects
    • synonym of economy: thriftiness
    • more generic words: frugality / frugalness = prudence in avoiding waste
  4. an act of economizing; reduction in cost
    • example: it was a small economy to walk to work every day
    • lexical domain: Acts - nouns denoting acts or actions
    • synonym of economy: saving
    • more generic word: action = something done
    • more specific terms:

Alternative definition of the noun economy


  1. Effective management of the resources of a community or system.
  2. Collective focus of the study of money, currency and trade, and the efficient use of resources.
  3. Frugal use of resources.
  4. The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  5. [theology] The method of divine government of the world.
  6. [context: archaic] Management of one’s [l, en, residency].

Definition of the adjective economy

What does economy mean as an attribute of a noun?

adjective - degrees: more economy / most economy

  1. Cheap to run; using minimal resources; representing good value for money.


  1. Economy is a borough in Beaver County, Pennsylvania, United States. The population was 8,970 at the 2010 census.
  2. Economy is a town in Perry Township, Wayne County, Indiana, United States. The population was 187 at the 2010 census.
  3. Economy a.k.a. Economy, Arkansas is an unincorporated community in Burnett Township, Pope County, Arkansas, United States.

There are other places with in their name, like World economy, Economy of Karachi and University of National and World Economy.


Economy is a record label.


  1. "Economy" is the second studio album by Christian singer-songwriter John Mark McMillan, and it released on November 1, 2011 by Integrity Music. The producers on the album were McMillan, Jeremy Griffith and Joel Khouri.
  2. "Economy" is a composition.


  1. "Economy" is a book by Caleb Quizem.
    • also known as "Economy: a pindaric tale: in three parts"
  2. "Economy" is a book by John Lyon-Dalberg-Acton, 5th Baron Acton.


  1. Economy: An economy or economic system consists of the production, distribution or trade, and consumption of limited goods and services by different agents in a given geographical location. The economic agents can be individuals, businesses, organizations, or governments. Transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
    • also known as İktisat, 经济
  2. Economy: In the Orthodox Church, in Eastern and Latin Catholic churches, and in the teaching of the Church Fathers which undergirds the theology of those communions, economy or oeconomy has several meanings. The basic meaning of the word is "handling" or "disposition" or "management" or more literally "housekeeping" of a thing, usually assuming or implying good or prudent handling of the matter at hand. In short, economia is discretionary deviation from the letter of the law in order to adhere to the spirit of the law and charity. This is in contrast to legalism, or akribia —strict adherence to the letter of the law of the church.
  3. Economy is a basketball statistical formula that was created in order to determine the ball possession efficiency of ball handlers, mainly primary ball handlers and point guards. It is considered a basic stat of the Greek League.
  4. Economy is a field of study.
  5. Economy a.k.a. It's The Economy is a TV program, begun in and completed in (6 years ago).

Phrases with Economy

Phrases starting with the word Economy:

  1. Economy car
  2. Economy Rate
  3. economy class
  4. Economy Model
  5. economy of scale

Phrases ending with the word Economy:

  1. Sex Economy
  2. black economy
  3. False economy
  4. mixed economy
  5. Tiger economy
  6. token economy
  7. market economy
  8. Policy Economy
  9. Lithium economy
  10. managed economy
  11. Planned economy
  12. Hydrogen economy
  13. communist economy
  14. political economy
  15. socialist economy

View more phrases with the word Economy in thesaurus!

Printed dictionaries and other books with definitions for Economy

Click on a title to look inside that book (if available):

Google previewEnvironment, Energy and Sustainable Development (2013)

by Wen-Pei Sung, Jimmy C.M. Kao, Ran Chen

Green economy is an ideal economic model conformed to the requirements of the sustainable development. In the process of production and lifestyle, green economy is a new model to coordinate the relationship in resources, environmental ...

Google previewBiohydrogen (2009)

For Future Engine Fuel Demands by Ayhan Demirbas

The hydrogen economy is a vision for a future in which hydrogen replaces fossil fuels. There are a variety of methods for generating, storing and delivering hydrogen since no single method has yet proven superior. Economically, the wasteful ...

Google previewForty Thousand Quotations, Prose and Poetical (1917)

Choice Extracts on History, Science, Philosophy, Religion, Literature, Etc. Selected from the Standard Authors of Ancient and Modern Times, Classified According to Subject by Charles Noel Douglas

Economy is a high human office, — a sacrament when its aim is grand, when it is the prudence of simple tastes, when it is practised for freedom or for love or devotion. — Emerson. Expense, and great expense, may be an essential part in true ...

Google previewFuture Wireless Networks and Information Systems (2012)

by Ying Zhang

Introduction Circular economy is a brand new economic development model proposed aiming at solving conflicts among population, resource and environment. Circular economy is an economic growth mode, taking high efficient use and recycle use of resources as core, and...

Google previewPrinciples of Environmental Economics (2004)

by Ahmed M. Hussen

l The human economy is a subsystem of the biosphere. Why is it ...

Google previewPrinciples of Agricultural Economics (2016)

by Andrew Barkley, Paul W. Barkley

A market economy is an economic organization in which prices determine how resources and goods are allocated (capitalism; free markets). A command economy is an economic organization in which resource allocation is determined by ...

Google previewLocally Solid Riesz Spaces with Applications to Economics (2003)

by Charalambos D. Aliprantis, Owen Burkinshaw

An eacchange economy is a tuple 8 = ((X, X'), (X1, *1, wi), • . . ) (Xm, <nown), where:...

Google previewThe Illuminating Engineer (1912)

Economy is the best hated of all the virtues. It is the...

Google previewEncyclopaedia Metropolitana: Political economy (1850)

POLITICAL ECONOMY. INTRODUCTION. Definition of the science.—We propose in the following Treatise to give an outline of the Science which treats of the Nature, the Production, and the Distribution of Wealth. To that Science we give the ...

Google previewEncyclopedia Of The Global Economy A Guide For Students And Researchers (2006)

by David E. O connor

The global economy is the international network of individuals, businesses, governments, multilateral organizations, and civil society groups, which collectively make decisions about the production, consumption, and distribution of goods and ...

Google previewThe American Economy: A Historical Encyclopedia, 2nd Edition [2 volumes] (2011)

A Historical Encyclopedia by Cynthia L. Clark

The American Economy: A Historical Encyclopedia, Revised Edition provides detailed information about the formation and development of economic policy throughout American history and describes its continued importance. Historically ...

Google previewDictionary of Political Economy (1901)

by Sir Robert Harry Inglis Palgrave

ABSTEACT POLITICAL ECONOMY. Political economy is sometimes described as a wholly abstract science, dealing with an unreal and imaginary subject, that is to say, not with the entire real man as we know him in fact, but with a ...

Google previewEncyclopedia of Political Economy (2002)

2-volume Set by Phillip O'Hara

There are twenty A– Z lists: six relate to institutional spheres (including one on “ family and gender” which includes many of the entries relevant to feminist political economy), nine relate to subjects and five relate to schools of thought.

Google previewRoutledge Encyclopedia of International Political Economy: Entries A-F (2001)

by R. J. Barry Jones

Fei-Ranis model rigorously analysing the transition process through which an underdeveloped economy hopes to move from a condition of stagnation to one of self-sustaining growth' (Ranis and Fei, 1961: 533). The economy is a labour- ...

Google previewEncyclopedia of Political Economy: A-K (1999)

by Phillip Anthony O'Hara

cal economy: major contemporary themes; Lewis's theory of economic growth and development; state and government; structural adjustment policies Selected references Behrman, Jere and Srinivasan, T.N. (eds) (1995) Handbook of ...

Google previewInternational Encyclopaedia Of Himalayas (5 Vols. Set) (2008)

by Ramesh Chandra Bisht

The economy of Bhutan is one of the smallest economies in the world. The economy is closely aligned with India by its strong trade and monetary links in the present days. Bhutan's economy is based on agriculture and forestry, which provide ...

Google previewRoutledge International Encyclopedia of Women (2004)

Global Women's Issues and Knowledge by Cheris Kramarae, Dale Spender

ECONOMY AND DEVELOPMENT Affirmative Action Agriculture Altruism Antidiscrimination Assertiveness Training Charity Child Labor Cooking Determinism: Economic Development: Overview Development: Australia and New Zealand ...

Online dictionaries and encyclopedias with entries for Economy

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Photos about Economy

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If you need related images for an article or a report, you can download stock photos:
Small photo of Close up accountant or banker making calculations. Savings, finances and economy concept.Small photo of Green circular economy concept. Man's hand showing arrow infinity symbol with grass texture and two globes of different colors.Small photo of The sharing economy concept. Wireless connection against city infrastructure background.Small photo of Green circular economy concept. Hand showing arrow infinity symbol with grass texture and two globes of different colors.Small photo of Economy concept collage with world map at background of stock market charts and skyscrapers. Blue background for global economy themes and financial news.Small photo of Close up of coin and planning about accountant for banker making calculations. Savings, finances and economy concept.Small photo of Green circular economy concept. Arrow infinity symbol with grass on concrete wall. More...

Videos about Economy

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View more videos about Token economy, Market economy, Planned economy, Political economy, and Goldilocks economy.

See also the pronunciation examples of Economy!

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Quotes about Economy

A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy. (Heather Wilson)
more quotes about economy...

Scrabble value of E1C3O1N1O1M3Y4

The value of this 7-letter word is 14 points. It is included in the first and second editions of the Official Scrabble Players Dictionary.

Anagrams of ECONOMY

What do you get if you rearrange the letters?

See also the blanagrams of Economy!

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