Dictionary > English Dictionary > Definition, synonym and antonym of economic
Meaning of economic by Wiktionary Dictionary


    Alternative forms

    • economick ( archaic )
    • œconomic ( archaic )
    • œconomick ( obsolete )


    economy +‎ -ic


    • ( RP ) IPA: /ˌɛkəˈnɒmɪk/, X-SAMPA: /%Ek@"nQmIk/
    • ( GenAm ) IPA: /ˌɛkəˈnɑmɪk/, X-SAMPA: /%Ek@"nAmIk/
    • Rhymes: -ɒmɪk


    economic ( comparative more economic, superlative most economic )

    1. pertaining to an economy
    2. frugal; cheap ( in the sense of representing good value ); economical .
    3. pertaining to the study of money and its movement

    Usage notes

    Modern usage prefers economic when describing the economy of a region or country ( かつ when referring to personal or family budgeting ).
    Economical is preferred when referring to thrift or value for money .

    Derived terms

    Related terms


Explanation of economic by Wordnet Dictionary


    1. using the minimum of time or resources necessary for effectiveness

    2. an economic use of home heating oil
      a modern economical heating system
      an economical use of her time
    3. financially rewarding

    4. it was no longer economic to keep the factory open
      have to keep prices high enough to make it economic to continue the service
    5. concerned with worldly necessities of life ( especially money )

    6. he wrote the book primarily for economic reasons
      gave up the large house for economic reasons
      in economic terms they are very privileged
    7. of or relating to the science of economics

    8. economic theory
    9. of or relating to an economy, the system of production and management of material wealth

    10. economic growth
      aspects of social, political, and economical life