Economy Meaning

There are 4 meaning(s) for word Economy

Meaning 1 : an act of economizing; reduction in cost

    Example : it was a small economy to walk to work every day

    Synonyms : saving
Meaning 2 : frugality in the expenditure of money or resources

    Example : the Scots are famous for their economy

    Synonyms : thriftiness
Meaning 3 : the system of production and distribution and consumption

    Synonyms : economic system
Meaning 4 : the efficient use of resources

    Example : economy of effort