ineconomy

/ɪnɪˈkɒn.ə.mi/ or /ɪn.ɪˈkɒn.ə.mi/

Definitions

1. noun

a state of economic disorder, particularly during a period of rapid change or economic crisis.

“The company’s ineconomy in the financial sector led to widespread job losses.”

2. noun

a situation in which something is managed or organized in a way that is inefficient or wasteful.

“The ineconomy of the company’s supply chain resulted in significant losses.”

Synonyms

  • incompetence
  • inefficiency
  • mismanagement

Antonyms

  • competence
  • efficiency
  • soundness