say it: i-KAH-nuh-mee
economy is a noun meaning "the system of production and distribution and consumption". It carries 4 recorded senses.
the system of production and distribution and consumption
frugality in the expenditure of money or resources
“the Scots are famous for their economy”
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”
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for economy come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.