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English noun: economy

1. economy (group) the system of production and distribution and consumption

Synonymseconomic system

Broader (hypernym)scheme, system

Narrower (hyponym)free enterprise, industrialism, laissez-faire economy, market economy, mixed economy, non-market economy, private enterprise, state capitalism, state socialism

Part holonymblack economy, sector

2. economy (cognition) the efficient use of resources

SamplesEconomy of effort.

Broader (hypernym)efficiency

3. economy (attribute) frugality in the expenditure of money or resources

SamplesThe Scots are famous for their economy.


Broader (hypernym)frugality, frugalness

4. economy (act) an act of economizing; reduction in cost

SamplesIt was a small economy to walk to work every day.
There was a saving of 50 cents.


Broader (hypernym)action

Narrower (hyponym)curtailment, downsizing, economy of scale, retrenchment

Based on WordNet 3.0 copyright © Princeton University.
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