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

“Safe bonds such as Treasury bonds and investment-grade bonds traded at surprisingly large discounts that were hard to reconcile with economic fundamentals.”

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The BEA typically publishes three sequential estimates of each quarter’s GDP calculation, the most comprehensive official look at the scale of economic activity.

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Stocks were rising Monday as investors maintained hope that economic data due this week will strengthen the case for an interest-rate cut from the Federal Reserve in December.

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Upcoming economic data and Federal Reserve interest rate decisions could significantly impact Bitcoin’s future price.

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The Commodity Exchange Act has rules against what it calls “gaming,” but it doesn’t talk about “gambling,” Dean told MarketWatch, adding that the prediction-market companies are framing event contracts as having commercial or economic consequence.

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Related Words

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