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Definition of Economy
Economy

The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy.

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.

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.

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.

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Economy Quotations

So the American economy needs the world, and the world needs the American economy.
Rodrigo Rato

The global economy is in pretty good shape.
John W. Snow

Today, our economy is about an economy of ideas.
Patrick J. Kennedy

But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow

Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.
John W. Snow

Economy Translations

economy in Dutch is economie, spaarzaamheid
economy in German is Wirtschaftlichkeit
economy in Italian is industria e commercio
economy in Latin is frugalitas
economy in Portuguese is economia


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