Meaning of 'economy'

noun

an act of economizing

Synonyms: saving

noun

frugality in the expenditure of money or resources

Example: "the Scots are famous for their economy"

Synonyms: thriftiness

noun

the efficient use of resources

Example: "economy of effort"

noun

the system of production and distribution and consumption

Example: "The economy of a country is often measured by its gross domestic product."

Synonyms: economic system