economic

[ek-uh-nom-ik, ee-kuh-]

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

/ 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

Other Word Forms

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

Word History and Origins

Origin of economic¹

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

“We can try to focus on economic broadening, but this bull still depends on its gen AI foundation.”

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The government shutdown has caused BLS personnel to pause collecting, processing, or publishing economic data for the duration of the shutdown.

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The five candidates are “all credible choices,” said Aaron Klein, a senior fellow in economic studies at the Brookings Institution, a Washington think tank.

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The Dallas Fed’s research is based on a fresh independent look at real-time economic data, including, for example, government numbers on border crossings.

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U.S. officials are concerned about Russian threats to Greenland but also Chinese efforts to gain an economic foothold there.

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Related Words

• budgetary www.thesaurus.com
• commercial 
• fiscal 
• industrial 
• monetary