ECONOMY


Meaning of ECONOMY in English

transcription, транскрипция: [ ɪkɒnəmi ]

( economies)

Frequency: The word is one of the 700 most common words in English.

1.

An economy is the system according to which the money, industry, and trade of a country or region are organized.

Zimbabwe boasts Africa’s most industrialised economy.

N-COUNT

2.

A country’s economy is the wealth that it gets from business and industry.

The Japanese economy grew at an annual rate of more than 10 per cent.

N-COUNT : usu the N in sing

3.

Economy is the use of the minimum amount of money, time, or other resources needed to achieve something, so that nothing is wasted.

...improvements in the fuel economy of cars...

N-UNCOUNT : with supp

4.

If you make economies , you try to save money by not spending money on unnecessary things.

They will make economies by hiring fewer part-time workers.

N-COUNT : usu pl

5.

Economy services such as travel are cheap and have no luxuries or extras.

see economy class

ADJ : ADJ n

6.

Economy is used to describe large packs of goods which are cheaper than normal sized packs.

...an economy pack containing 150 assorted screws.

ADJ : ADJ n

7.

If you describe an attempt to save money as a false economy , you mean that you have not saved any money as you will have to spend a lot more later.

A cheap bed can be a false economy...

PHRASE : v-link PHR

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.