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economic

American  
[ek-uh-nom-ik, ee-kuh-] / ˌɛk əˈnɒm ɪk, ˌi kə- /

adjective

  1. pertaining to the production, distribution, and use of income, wealth, and commodities.

  2. of or relating to the science of economics.

  3. pertaining to an economy, or system of organization or operation, especially of the process of production.

  4. involving or pertaining to one's personal resources of money.

    to give up a large house for economic reasons.

  5. pertaining to use as a resource in the economy.

    economic entomology; economic botany.

  6. affecting or apt to affect the welfare of material resources.

    weevils and other economic pests.

  7. economical.


economic British  
/ ˌɛkə-, ˌiːkəˈnɒmɪk /

adjective

  1. of or relating to an economy, economics, or finance

    economic development

    economic theories

  2. capable of being produced, operated, etc, for profit; profitable

    the firm is barely economic

  3. concerning or affecting material resources or welfare

    economic pests

  4. concerned with or relating to the necessities of life; utilitarian

  5. a variant of economical

  6. informal inexpensive; cheap

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

  • antieconomic adjective
  • noneconomic adjective
  • preeconomic adjective
  • quasi-economic adjective
  • subeconomic adjective
  • uneconomic adjective

Etymology

Origin of economic

First recorded in 1585–95; from Middle French economique, from Latin oeconomicus, from Greek oikonomikós “relating to household management,” equivalent to oikonóm(os) “steward” (from oîko(s) “house” + nómos “manager”) + -ikos -ic

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

There is not an official definition for economic stagnation but it is usually considered as a period of slow or no growth.

From BBC

The first pope from the Americas had sought to refocus the Catholic Church on promoting social and economic justice but presided over growing divisions.

From The Wall Street Journal

Still, the economic vibes people felt were a real thing — and trying to gloss over voters’ concerns was a mistake.

From Salon

"Today it got to see inflation moving in the right direction," said Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management.

From BBC

"The French do not expect from the Macron leadership that it dismembers our overseas territories behind their backs," she said, describing the territories as "true levers of power, influence and economic development".

From Barron's