econ·o·my
i-ˈkä-nə-mē 
ə-,
ē-
plural economies
1
: the structure or conditions of economic life in a country, area, or period
also
: an economic system
2
a
: 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)
3
a
: 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
: designed to save money
economy cars
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
Lim Hui Jie, CNBC, 28 Oct. 2025
According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 trillion—is set to rise faster than almost any advanced economy, climbing from roughly 125% of GDP today to about 143% by 2030.
—Eva Roytburg, Fortune, 28 Oct. 2025
This is a huge driver for bringing down the cost of the space economy in general and has been the opportunity for creating many other new space companies.
—Literary Hub, 28 Oct. 2025
The discovery offers a powerful way to give waste plastics a second life as high-performance materials, advancing both a circular economy and next-generation clean technologies.
—Prabhat Ranjan Mishra, Interesting Engineering, 27 Oct. 2025
See All Example Sentences for economy
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Noun
Stock Chart IconStock chart icon When asked if declining oil prices were piling pressure on Saudi Arabia's economy and government revenue, Al Falih said that the country was not scaling back budgets and there were no cuts to public spending.
—Lim Hui Jie, CNBC, 28 Oct. 2025
According to new forecasts from the International Monetary Fund (IMF), America’s debt—which recently surpassed $38 trillion—is set to rise faster than almost any advanced economy, climbing from roughly 125% of GDP today to about 143% by 2030.
—Eva Roytburg, Fortune, 28 Oct. 2025
This is a huge driver for bringing down the cost of the space economy in general and has been the opportunity for creating many other new space companies.
—Literary Hub, 28 Oct. 2025
The discovery offers a powerful way to give waste plastics a second life as high-performance materials, advancing both a circular economy and next-generation clean technologies.
—Prabhat Ranjan Mishra, Interesting Engineering, 27 Oct. 2025
See All Example Sentences for economy
Cite this Entry
“Economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/economy. Accessed 29 Oct. 2025.
Copy CitationMedical Definition
economy
noun
econ·o·my
i-ˈkän-ə-mē
plural economies
1
: the system of operation of the processes of anabolism and catabolism in living bodies
the economy of the cell
2
: the body of an animal or plant as an organized whole
disorganizing wide segments of the body economy—Leonard Engel
Leonard EngelLove words? Need even more definitions?
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