English noun: economy | |||
1. | economy (group) the system of production and distribution and consumption | ||
Synonyms | economic 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 holonym | black economy, sector | ||
2. | economy (cognition) the efficient use of resources | ||
Samples | Economy of effort. | ||
Broader (hypernym) | efficiency | ||
3. | economy (attribute) frugality in the expenditure of money or resources | ||
Samples | The Scots are famous for their economy. | ||
Synonyms | thriftiness | ||
Broader (hypernym) | frugality, frugalness | ||
4. | economy (act) an act of economizing; reduction in cost | ||
Samples | It was a small economy to walk to work every day. There was a saving of 50 cents. | ||
Synonyms | saving | ||
Broader (hypernym) | action | ||
Narrower (hyponym) | curtailment, downsizing, economy of scale, retrenchment | ||