Definitions

1. noun

the system or process by which a country’s goods and services are produced, distributed, and consumed

“The government implemented policies to stimulate the economy and reduce unemployment.”

2. noun

a system of managing one’s financial resources

“She had to manage her economy carefully to make her money last throughout the month.”

3. noun

the study of the production, distribution, and consumption of goods and services

“The economics department at the university offered a course on the economy of developing countries.”

4. verb

to manage or regulate the production, distribution, and consumption of goods and services

“The government will have to economy the resources if it wants to achieve its goals.”

5. verb

to reduce or minimize something

“The company had to economy its spending to stay in business during the recession.”