economic

eco·nom·ic

adjective \ˌe-kə-ˈnä-mik, ˌē-kə-\

Definition of ECONOMIC

1

archaic : of or relating to a household or its management

2

: economical 2

3

a : of or relating to economics <economic theories>

b : of, relating to, or based on the production, distribution, and consumption of goods and services <economic growth>

c : of or relating to an economy <a group of economic advisers>

4

: having practical or industrial significance or uses : affecting material resources

5

: profitable

Examples of ECONOMIC

1. a program to prevent inflation and economic collapse
2. the President's chief economic adviser
3. We're looking for a more economic way of doing business.

First Known Use of ECONOMIC

1592

Related to ECONOMIC

Synonyms

profitable, fat, gainful, juicy, lucrative, moneymaking, money-spinning [chiefly British], paying, remunerative

Antonyms

unprofitable

Related Words

advantageous, beneficial, favorable, rewarding, useful, worthwhile; bankable

Near Antonyms

disadvantageous, unfavorable

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with ECONOMIC

agronomic, antinomic, autonomic, diatomic, gastronomic, metronomic, subatomic, taxonomic, tragicomic