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Economy (Noun)

Meaning 1

The system of production and distribution and consumption.

Classification

Nouns denoting groupings of people or objects.

Synonyms

  • Economic System

Hypernyms

  • Scheme

Hyponyms

  • Free Enterprise
  • Private Enterprise
  • Laissez-faire Economy

Related Words

  • Economist (noun)
  • Economical (adjective)
  • Economic (adjective)

Meaning 2

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".

Classification

Nouns denoting acts or actions.

Synonyms

  • Saving

Hyponyms

  • Curtailment
  • Downsizing

Related Words

  • Economize (verb)
  • Economical (adjective)
  • Economic (adjective)

Meaning 3

The efficient use of resources; "economy of effort".

Classification

Nouns denoting cognitive processes and contents.

Related Words

  • Economist (noun)
  • Economize (verb)
  • Economical (adjective)
  • Economic (adjective)

Meaning 4

Frugality in the expenditure of money or resources; "the Scots are famous for their economy".

Classification

Nouns denoting attributes of people and objects.

Synonyms

  • Thriftiness

Hypernyms

  • Frugalness

Related Words

  • Economize (verb)
  • Economical (adjective)
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