Economy
[ɪ'kɒnəmɪ] or [ɪ'kɑnəmi]
Definition
(noun.) 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'.
(noun.) frugality in the expenditure of money or resources; 'the Scots are famous for their economy'.
(noun.) the efficient use of resources; 'economy of effort'.
(noun.) the system of production and distribution and consumption.
Editor: Milton--From WordNet
Definition
(n.) The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.
(n.) Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy.
(n.) The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy.
(n.) Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony.
Typed by Greta
Synonyms and Synonymous
n. [1]. Frugality, thrift, thriftiness, good husbandry, good housewifery.[2]. Arrangement, regulation, management.[3]. System, plan, established order.
Inputed by Cyrus
Synonyms and Antonyms
SYN:Administration, dispensation, management, rule, arrangement, distribution,husbanding
ANT:Maladministration, waste, misrule, mismanagement, disorder, prodigality
Typed by Laverne
Definition
n. the management of a household or of money matters: a frugal and judicious expenditure of money: a system of rules or ceremonies: a dispensation as 'the Christian economy:' regular operations as of nature.—adjs. Econom′ic -al pertaining to economy: frugal: careful.—adv. Econom′ically.—ns. Econom′ics the science of household management: political economy; Economisā′tion act of economising.—v.i. Econ′omise to manage with economy: to spend money carefully: to save.—v.t. to use prudently: to spend with frugality.—ns. Economī′ser Econ′omist one who is economical: one who studies political economy.—Political economy (see under Politic).
Editor: Stu
Unserious Contents or Definition
n. Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford.
Checked by Dora
Unserious Contents or Definition
Denying ourselves a necessary to-day in order to buy a luxury to-morrow.
Typed by Borg
Examples
- You are not learning economy. George Eliot. Middlemarch.
- As he might get an excellent smoke for half the price, he has no need to practise economy. Arthur Conan Doyle. The Memoirs of Sherlock Holmes.
- By the above singular manner of building, strength is continually given to the comb, with the utmost ultimate economy of wax. Charles Darwin. On the Origin of Species by Means of Natural Selection.
- I do not understand economy, and am frightened to death at debts. Harriette Wilson. The Memoirs of Harriette Wilson.
- It will save me a world of trouble and economy. Jane Austen. Pride and Prejudice.
- I don't send for you to make objections, Mrs. Michelson--I send for you to carry out my plans of economy. Wilkie Collins. The Woman in White.
- By which the reader may conceive an idea of the ingenuity of that people, as well as the prudent and exact economy of so great a prince. Jonathan Swift. Gulliver's Travels into Several Remote Nations of the World.
- He found them all greatly lacking in economy of operation; indeed, the highest results obtainable from the best were 18 per cent. Frank Lewis Dyer. Edison, His Life and Inventions.
- Body number two, said they must take everything on political economy. Charles Dickens. Hard Times.
- The objects of these were generally the promotion of industry and economy. Benjamin Franklin. Memoirs of Benjamin Franklin.
- Its advantages, in point of economy, cleanliness, and even of safety, are sufficiently understood to spread the use of coal gas to every part of the kingdom. Frederick C. Bakewell. Great Facts.
- He railed at us for our pains, terming us des ménagères avares; but we let him talk, and managed the economy of the repast our own way. Charlotte Bronte. Villette.
- As is well known, the lamps of the first ten or twelve years of incandescent lighting were of low economy, but had long life. Frank Lewis Dyer. Edison, His Life and Inventions.
- I have in my hands a text-book of six hundred pages which is used in the largest universities as a groundwork of political economy. Walter Lippmann. A Preface to Politics.
- This latter deserves special mention, not only because of its arrangement for thorough lubrication, but also on account of the resultant economy affecting the cost of manufacture. Frank Lewis Dyer. Edison, His Life and Inventions.
- Underground conduits are built, central offices located and cables provided with an eye to the future, and if these plans are carried out important economies are obtained. Various. The Wonder Book of Knowledge.
- He began, instead of answering, to speak of his projected economies, and of his having come to look at his life from a different point of view. George Eliot. Middlemarch.
- Nobody ever had a bigger scrap-heap than Edison; but who dare proclaim the process intrinsically wasteful if the losses occur in the initial stages, and the economies in all the later ones? Frank Lewis Dyer. Edison, His Life and Inventions.
- She put by the money he sent her; she continued her customary economies. H. G. Wells. The Outline of History_Being a Plain History of Life and Mankind.
Typed by Andy