'Economic' definitions:
Definition of 'economic'
From: WordNet
adjective
Of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and economical life" [syn: economic, economical]
adjective
Of or relating to the science of economics; "economic theory"
adjective
Using the minimum of time or resources necessary for effectiveness; "an economic use of home heating oil"; "a modern economical heating system"; "an economical use of her time" [syn: economic, economical]
adjective
Concerned with worldly necessities of life (especially money); "he wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
adjective
Financially rewarding; "it was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"
Definition of 'Economic'
From: GCIDE
- Economic \E`co*nom"ic\ (?; 277), Economical \E`co*nom"ic*al\, a. [F. ['e]conomique, L. oeconomicus orderly, methodical, Gr. ? economical. See Economy.]
- 1. Pertaining to the household; domestic. "In this economical misfortune [of ill-assorted matrimony.]" --Milton. [1913 Webster]
- 2. Relating to domestic economy, or to the management of household affairs. [1913 Webster]
- And doth employ her economic art And busy care, her household to preserve. --Sir J. Davies. [1913 Webster]
- 3. Managing with frugality; guarding against waste or unnecessary expense; careful and frugal in management and in expenditure; -- said of character or habits. [1913 Webster]
- Just rich enough, with economic care, To save a pittance. --Harte. [1913 Webster]
- 4. Managed with frugality; not marked with waste or extravagance; using the minimum of time or effort or resources required for effectiveness; frugal; -- said of acts; saving; as, an economical use of money or of time; an economic use of home heating oil. [WordNet sense 3] [1913 Webster + WordNet 1.5]
- 5. of or pertaining to the national or regional economy; relating to political economy; relating to the means of living, or the resources and wealth of a country; relating to the production or consumption of goods and services of a nation or region; as, economic growth; economic purposes; economical truths; an economic downturn. [1913 Webster]
- These matters economical and political. --J. C. Shairp. [1913 Webster]
- There was no economical distress in England to prompt the enterprises of colonization. --Palfrey. [1913 Webster]
- Economic questions, such as money, usury, taxes, lands, and the employment of the people. --H. C. Baird. [1913 Webster]
- 6. Regulative; relating to the adaptation of means to an end. --Grew. [1913 Webster]
- 7. of or pertaining to economics. economic theory [WordNet 1.5]
- 8. profitable. Opposite of uneconomic. [WordNet sense 4] [WordNet 1.5 +PJC]
- 9. avoiding waste; as, an economical meal. Opposite of wasteful.
- Syn: frugal, scotch, sparing, stinting, thrifty. [WordNet 1.5]
- Note: Economical is the usual form when meaning frugal, saving; economic is the form commonly used when meaning pertaining to the management of a household, or of public affairs. [1913 Webster]
Synonyms of 'economic'
From: Moby Thesaurus
- budget,
- budgetary,
- canny,
- careful,
- chary,
- cheap,
- cheeseparing,
- commercial,
- conserving,
- easy,
- economizing,
- economy,
- financial,
- fiscal,
- forehanded,
- frugal,
- inexpensive,
- labor-saving,
- low,
- low-priced,
- manageable,
- mercantile,
- moderate,
- modest,
- monetary,
- money-saving,
- nominal,
- parsimonious,
- pecuniary,
- penny-wise,
- politico-economic,
- productive,
- profitable,
- provident,
- prudent,
- prudential,
- reasonable,
- remunerative,
- saving,
- Scotch,
- scrimping,
- sensible,
- shabby,
- shoddy,
- skimping,
- socio-economic,
- solvent,
- spare,
- sparing,
- thrifty,
- time-saving,
- token,
- trade,
- unexpensive,
- unwasteful,
- within means,
- worth the money
Words containing 'Economic'
- Economical,
- Economically,
- Economics,
- Economization,
- Economize,
- Economized,
- Economizer,
- Economizing,
- Voodoo economics,
- department of economics,
- economic aid,
- economic condition,
- economic consumption,
- economic crisis,
- economic expert,
- economic geography,
- economic geology,
- economic growth,
- economic libertarian,
- economic mobilisation,
- economic mobilization,
- economic policy,
- economic process,
- economic rent,
- economic science,
- economic strangulation,
- economic system,
- economic theory,
- economic value,
- economics department,
- economics profession,
- home economics,
- council of economic advisors,
- economic and social council,
- economic commission for africa,
- economic commission for europe,
- european economic community,
- economic and social council commission,
- economic commission for latin america,
- socio-economic class,
- supply-side economics,
- economic commission for asia and the far east