 economic |
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| 1. | [ adjective ] (economics) of or relating to an economy, the system of production and management of material wealth | |
| Synonyms: | economical | |
| Examples: | "economic growth" "aspects of social, political, and economical life" |
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| Related terms: | economy economy | |
| 2. | [ adjective ] (economics) of or relating to the science of economics | |
| Examples: | "economic theory" |
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| Related terms: | economics | |
| 3. | [ adjective ] concerned with worldly necessities of life (especially money) | |
| Examples: | "he wrote the book primarily for economic reasons" "gave up the large house for economic reasons" "in economic terms they are very privileged" |
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| Related terms: | worldly | |
| 4. | [ adjective ] (business) financially rewarding | |
| Examples: | "it was no longer economic to keep the factory open" "have to keep prices high enough to make it economic to continue the service" |
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| Related terms: | profitable | |
| 5. | [ adjective ] using the minimum of time or resources necessary for effectiveness | |
| Synonyms: | economical | |
| Examples: | "an economic use of home heating oil" "a modern economical heating system" "an economical use of her time" |
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| Related terms: | efficient | |
| Similar spelling: |
economics economical econometric economize economist economise economy economizer economiser |
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