'Economy' definitions:

Definition of 'economy'

(from WordNet)
noun
The system of production and distribution and consumption [syn: economy, economic system]
noun
The efficient use of resources; "economy of effort"
noun
Frugality in the expenditure of money or resources; "the Scots are famous for their economy" [syn: economy, thriftiness]
noun
An act of economizing; reduction in cost; "it was a small economy to walk to work every day"; "there was a saving of 50 cents" [syn: economy, saving]

Definition of 'economy'

From: GCIDE
  • economy \e*con"o*my\ ([-e]*k[o^]n"[-o]*m[y^]), n.; pl. Economies ([-e]*k[o^]n"[-o]*m[i^]z). [F. ['e]conomie, L. oeconomia household management, fr. Gr. o'ikonomi`a, fr. o'ikono`mos one managing a household; o'i^kos house (akin to L. vicus village, E. vicinity) + no`mos usage, law, rule, fr. ne`mein to distribute, manage. See Vicinity, Nomad.]
  • 1. The management of domestic affairs; the regulation and government of household matters; especially as they concern expense or disbursement; as, a careful economy. [1913 Webster]
  • Himself busy in charge of the household economies. --Froude. [1913 Webster]
  • 2. Orderly arrangement and management of the internal affairs of a state or of any establishment kept up by production and consumption; esp., such management as directly concerns wealth; as, political economy. [1913 Webster]
  • 3. The system of rules and regulations by which anything is managed; orderly system of regulating the distribution and uses of parts, conceived as the result of wise and economical adaptation in the author, whether human or divine; as, the animal or vegetable economy; the economy of a poem; the Jewish economy. [1913 Webster]
  • The position which they [the verb and adjective] hold in the general economy of language. --Earle. [1913 Webster]
  • In the Greek poets, as also in Plautus, we shall see the economy . . . of poems better observed than in Terence. --B. Jonson. [1913 Webster]
  • The Jews already had a Sabbath, which, as citizens and subjects of that economy, they were obliged to keep. --Paley. [1913 Webster]
  • 4. Thrifty and frugal housekeeping; management without loss or waste; frugality in expenditure; prudence and disposition to save; as, a housekeeper accustomed to economy but not to parsimony. [1913 Webster]
  • Political economy. See under Political.
  • Syn: Economy, Frugality, Parsimony. Economy avoids all waste and extravagance, and applies money to the best advantage; frugality cuts off indulgences, and proceeds on a system of saving. The latter conveys the idea of not using or spending superfluously, and is opposed to lavishness or profusion. Frugality is usually applied to matters of consumption, and commonly points to simplicity of manners; parsimony is frugality carried to an extreme, involving meanness of spirit, and a sordid mode of living. Economy is a virtue, and parsimony a vice. [1913 Webster]
  • I have no other notion of economy than that it is the parent to liberty and ease. --Swift. [1913 Webster]
  • The father was more given to frugality, and the son to riotousness [luxuriousness]. --Golding. [1913 Webster]

Economy, IN -- U.S. town in Indiana

From: Gazetteer 2000
Name :
Economy, IN -- U.S. town in Indiana
Population (2000) :
200
Housing Units (2000) :
79
Land area (2000) :
0.096963 sq. miles (0.251134 sq. km)
Water area (2000) :
0.000000 sq. miles (0.000000 sq. km)
Total area (2000) :
0.096963 sq. miles (0.251134 sq. km)
FIPS code :
20152
Located within :
Indiana (IN), FIPS 18
Location :
39.976293 N, 85.085945 W
ZIP Codes (1990) :
47339
Note :
some ZIP codes may be omitted esp. for suburbs.

Economy, PA -- U.S. borough in Pennsylvania

From: Gazetteer 2000
Name :
Economy, PA -- U.S. borough in Pennsylvania
Population (2000) :
9363
Housing Units (2000) :
3629
Land area (2000) :
17.698873 sq. miles (45.839868 sq. km)
Water area (2000) :
0.069934 sq. miles (0.181128 sq. km)
Total area (2000) :
17.768807 sq. miles (46.020996 sq. km)
FIPS code :
22264
Located within :
Pennsylvania (PA), FIPS 42
Location :
40.638466 N, 80.184891 W
Note :
some ZIP codes may be omitted esp. for suburbs.