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

Senegal's Prime Minister Ousmane Sonko asked his country Saturday to accept "sacrifices" to ensure an economic recovery within "two to three years" -- a stark acknowledgement of his country's financial crisis.

Read more on Barron's

Many factors contribute to military members’ economic vulnerability.

Read more on The Wall Street Journal

It isn’t always easy to pinpoint when and how an economic trend takes shape.

Read more on The Wall Street Journal

In the absence of these critical economic reports, Wall Street has turned to other sources for clues.

Read more on MarketWatch

The balance between protecting children, and adults, from the worst excesses of the internet without losing out on its enormous potential - both technological and economic - is elusive.

Read more on BBC

Related Words

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