Economic

[,iːkə'nɒmɪk;ek-] or [,ikə'nɑmɪk]

Definition

(adj.) using the minimum of time or resources necessary for effectiveness; 'an economic use of home heating oil'; 'a modern economical heating system'; 'an economical use of her time' .

(adj.) financially rewarding; 'it was no longer economic to keep the factory open'; 'have to keep prices high enough to make it economic to continue the service' .

(adj.) concerned with worldly necessities of life (especially money); 'he wrote the book primarily for economic reasons'; 'gave up the large house for economic reasons'; 'in economic terms they are very privileged' .

(adj.) of or relating to the science of economics; 'economic theory' .

(adj.) of or relating to an economy, the system of production and management of material wealth; 'economic growth'; 'aspects of social, political, and economical life' .

Inputed by Katherine--From WordNet

Definition

(a.) Alt. of Economical

Editor: Nancy

Examples

Editor: Nancy

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