economy

/ɪkˈɑnʌmi/

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Definitions

Noun
the system of production and distribution and consumption
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"
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"