econ·o·my
i-ˈkä-nə-mē 
ə-,
ē-
plural economies
1
: the structure or conditions of economic life in a country, area, or period
also
: an economic system
2
a
: thrifty and efficient use of material resources : frugality in expenditures
also
: an instance or a means of economizing : saving
b
: efficient and concise use of nonmaterial resources (such as effort, language, or motion)
3
a
: the arrangement or mode of operation of something : organization
b
: a system especially of interaction and exchange
an economy of information
4
archaic
: the management of household or private affairs and especially expenses
: designed to save money
economy cars
Synonyms
Examples of economy in a Sentence
Noun
The war altered the country's economy.
An increase in tourism will help the city's economy.
We must learn to practice economy.
We'll also benefit from the economies provided by more efficient energy sources.
It would be false economy to repair the leak without replacing the pipe.
Recent Examples on the Web
Jennifer Jett, NBC News, 7 Nov. 2024
Questions about the direction of the U.S. economy have gained momentum in the days following Donald Trump’s presidential election victory.
—Rocio Fabbro, Quartz, 7 Nov. 2024
More money into the housing economy without substantial regulatory reform will just mean ongoing inflation.
—Roger Valdez, Forbes, 5 Nov. 2024
Hit by the rising cost of living and skyrocketing housing costs in the past few years, the majority of voters have been concerned about the state of the U.S. economy during the past few months.
—Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
See all Example Sentences for economy 
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Noun
In addition to the consequences for the global economy, an increase in U.S.-China tensions would have far-reaching implications for U.S. allies in the Asia-Pacific region such as South Korea, Japan and Australia.
—Jennifer Jett, NBC News, 7 Nov. 2024
Questions about the direction of the U.S. economy have gained momentum in the days following Donald Trump’s presidential election victory.
—Rocio Fabbro, Quartz, 7 Nov. 2024
More money into the housing economy without substantial regulatory reform will just mean ongoing inflation.
—Roger Valdez, Forbes, 5 Nov. 2024
Hit by the rising cost of living and skyrocketing housing costs in the past few years, the majority of voters have been concerned about the state of the U.S. economy during the past few months.
—Thomas G. Moukawsher, Newsweek, 5 Nov. 2024
See all Example Sentences for economy
Dictionary Entries Near economy
Cite this Entry
“Economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/economy. Accessed 22 Nov. 2024.
Copy CitationMedical Definition
economy
noun
econ·o·my
i-ˈkän-ə-mē
plural economies
1
: the system of operation of the processes of anabolism and catabolism in living bodies
the economy of the cell
2
: the body of an animal or plant as an organized whole
disorganizing wide segments of the body economy—Leonard Engel
Leonard EngelLove words? Need even more definitions?
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