Topic: Banking & EconomicsWord 21 of 65

economy Definition and Meaning in English (economy definition)

noun
Synonyms:financial systemeconomic structurefrugality
Quick Answer • Definition

Economy definition: The economy refers to the system of how money, goods, and services are produced and consumed within a particular country or region.

Definitions of Economy

  1. 1noun

    The economy refers to the system of how money, goods, and services are produced and consumed within a particular country or region.

  2. 2noun

    Economy also refers to the careful management of available resources, especially money, to avoid waste or extravagance.

Example Sentences

business

“The country's economy is showing signs of recovery after the recession.”

casual

“She practices great economy in her household spending.”

formal

“The government aims to boost the digital economy.”

Synonyms

financial systemeconomic structurefrugalitythrift

Antonyms

Inflected Word Forms

agent nouneconomist
adjectiveeconomic
adjectiveeconomical
adverbeconomically

Phrases & Idiomatic Expressions

gig economycollocation

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.

new economycollocation

An economy based on information technology, rather than on manufacturing.

political economycollocation

The study of how political methods, economic theories, and social systems are intertwined.

Frequently Asked Questions: Economy in English

What is the meaning of Economy in English?▼
Economy definition: The economy refers to the system of how money, goods, and services are produced and consumed within a particular country or region.
How do you translate 'Economy' to English?▼
'Economy' translates to 'economy' in English. Economy definition: The economy refers to the system of how money, goods, and services are produced and consumed within a particular country or region.
How do you pronounce 'Economy' and 'economy'?▼
Listen to clear English audio pronunciation of 'Economy' and native English audio speech for 'economy' with bilingual sentence examples on DictBridge.

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