Definition of economy

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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..

Lern More About Economy

Economy :: 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..
Saving :: Saving (n.) Something kept from being expended or lost; that which is saved or laid up; as, the savings of years of economy..
Economical :: Economical (a.) Relating to domestic economy, or to the management of household affairs..
Physiocrat :: Physiocrat (n.) One of the followers of Quesnay of France, who, in the 18th century, founded a system of political economy based upon the supremacy of natural order..
Chrematistics :: Chrematistics (n.) The science of wealth; the science, or a branch of the science, of political economy..
Thrive :: Thrive (v. i.) To prosper by industry, economy, and good management of property; to increase in goods and estate; as, a farmer thrives by good husbandry..
Astriction :: Astriction (n.) A contraction of parts by applications; the action of an astringent substance on the animal economy.
Manager :: Manager (n.) A person who conducts business or household affairs with economy and frugality; a good economist.
Avail :: Avail (n.) Profit; advantage toward success; benefit; value; as, labor, without economy, is of little avail..
Flow :: Flow (v. i.) To proceed; to issue forth; as, wealth flows from industry and economy..
Economist :: Economist (n.) One who is conversant with political economy; a student of economics.
Cheeseparing :: Cheeseparing (a.) Scrimping; mean; as, cheeseparing economy..
Economical :: Economical (a.) Relating to the means of living, or the resources and wealth of a country; relating to political economy; as, economic purposes; economical truths..
Economically :: Economically (adv.) With economy; with careful management; with prudence in expenditure.
Matron :: Matron (n.) A housekeeper; esp., a woman who manages the domestic economy of a public instution; a head nurse in a hospital; as, the matron of a school or hospital..
Dispensation :: Dispensation (n.) A system of principles, promises, and rules ordained and administered; scheme; economy; as, the Patriarchal, Mosaic, and Christian dispensations..
Husbandry :: Husbandry (n.) Care of domestic affairs; economy; domestic management; thrift.
General :: General (a.) Relating to a genus or kind; pertaining to a whole class or order; as, a general law of animal or vegetable economy..
Professor :: Professor (n.) One who professed, or publicly teaches, any science or branch of learning; especially, an officer in a university, college, or other seminary, whose business it is to read lectures, or instruct students, in a particular branch of learning; as a professor of theology, of botany, of mathematics, or of political economy..
Frugality :: Frugality (n.) The quality of being frugal; prudent economy; that careful management of anything valuable which expends nothing unnecessarily, and applies what is used to a profitable purpose; thrift; --- opposed to extravagance..
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