economy

noun

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econ·o·my | \ i-ˈkä-nə-mē

, ə-, ē- \

plural economies

Definition of economy

(Entry 1 of 2)

1 : the structure or conditions of economic life in a country, area, or period also : an economic system

2a : thrifty and efficient use of material resources : frugality in expenditures also : an instance or a means of economizing : saving

b : efficient and concise use of nonmaterial resources (such as effort, language, or motion)

3a : the arrangement or mode of operation of something : organization

b : a system especially of interaction and exchange an economy of information

4 archaic : the management of household or private affairs and especially expenses

economy

adjective

Definition of economy (Entry 2 of 2)

: designed to save money economy cars

Synonyms & Antonyms Example Sentences Learn More about economy

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Examples of economy in a Sentence

Noun The war altered the country's economy. An increase in tourism will help the city's economy. We must learn to practice economy. We'll also benefit from the economies provided by more efficient energy sources. It would be false economy to repair the leak without replacing the pipe.

Recent Examples on the Web: Noun Tough restrictions enforced by governments around the world to stem the virus have at the same time wreaked havoc on the global economy, hurting job markets and businesses of all sizes. — NBC News, "Coronavirus has now killed 1 million people around the world," 29 Sep. 2020 On the economy, for example, expect Trump to boast about the first three years of his term, when unemployment was dropping, business was humming and wages were rising. — John Wildermuth, SFChronicle.com, "Trump-Biden debate: In year of virus, a rare moment of normal politics," 29 Sep. 2020 On Friday, Fauci said during an interview that the Trump administration has pivoted away from receiving daily guidance from the White House Coronavirus Task Force to focus more heavily on the economy. — Nick Valencia, CNN, "Source: CDC director concerned Atlas is sharing misleading information with Trump," 28 Sep. 2020 ArcelorMittal, based in Luxembourg, is the largest steelmaker in the world but has taken a major financial hit due to the pandemic’s effect on the global economy. — Brooks Johnson, Star Tribune, "Cleveland-Cliffs buying ArcelorMittal USA in major steel merger," 28 Sep. 2020 The segment on the economy may prove to be the most fiery. — cleveland, "Cleveland hosts first presidential debate between Donald Trump and Joe Biden: a viewer’s guide," 26 Sep. 2020 Both initial claims for unemployment and continuing claims rose slightly in the past week as the impact of the pandemic on the economy continues, Ohio’s human services agency reported Thursday. — From Usa Today Network And Wire Reports, USA TODAY, "Balloon spectacle, dancing ban, ballpark delivery: News from around our 50 states," 25 Sep. 2020 Meanwhile, some high-frequency data, which is closely tracked by many investors for its real-time insights on the economy, are flashing warning signs. — Vildana Hajric, Bloomberg.com, "Worsening Virus Trends Are Raising Alarms for Stock Investors," 24 Sep. 2020 Tariffs on hundreds of millions of dollars in imports – typically paid for by U.S. businesses and consumers – remain a drag on the economy. — Tom Benning, Dallas News, "Trade often dominated Trump’s first-term agenda. But it’s slipped from the 2020 forefront, even in trade-heavy states like Texas," 23 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'economy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.