economy of scale

[ ih-kon-uh-meeuhv skeyl ]

/ ɪˈkɒn ə mi əv ˈskeɪl /

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noun

Usually economies of scale . a savings in cost achieved by virtue of the large quantity of units produced, materials purchased or transported, etc.: Expanding our business into the international market would bring a lot more competition, but also much greater economies of scale for production.

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Words nearby economy of scale

economizer, Economo's disease, economy, economy class, economy-class syndrome, economy of scale, economy-size, ecophysiology, ecopolitics, écorché, ecoregion

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use economy of scale in a sentence

The most recent activity had a high point of 3.6 on the Richter Scale.
26 Earthquakes Later, Fracking’s Smoking Gun Is in Texas|James Joiner|January 7, 2015|DAILY BEAST
Unlike the Soviet Union at a certain period in history, the Russian economy does not hold a candle to that of the United States.
Oliver Stone’s Latest Dictator Suckup|James Kirchick|January 5, 2015|DAILY BEAST
Nothing in it was meant to change the basic operations of the capitalist economy or to intervene aggressively in class relations.
Thank Congress, Not LBJ for Great Society|Julian Zelizer, Scott Porch|January 4, 2015|DAILY BEAST
The economy has begun to add jobs, but the quality of those jobs is an increasing concern.
Christie Blames Parents for Bad Economy|Monica Potts|January 3, 2015|DAILY BEAST

So did Alexander Hamilton, and on a grander scale than your AmEx.
Forget the Resolutions; Try a Few Declarations|Kevin Bleyer|January 1, 2015|DAILY BEAST
On a small scale map, in an office, you may make mole-hills of mountains; on the ground there's no escaping from its features.
Gallipoli Diary, Volume I|Ian Hamilton
Free discussion—never a very free thing in Russia—has now on any general scale become quite impossible.
The Salvaging Of Civilisation|H. G. (Herbert George) Wells
But consider what it will be when the system is adopted on a more comprehensive scale.
Blackwood's Edinburgh Magazine, No. CCCXXXIX. January, 1844. Vol. LV.|Various
You never know when you are going to stumble upon a jewel in the most out-of-the-way corner.
Music-Study in Germany|Amy Fay
If only India were pulling her weight for us on the same scale, we should by now be before the gates of Vienna.
Gallipoli Diary, Volume I|Ian Hamilton

British Dictionary definitions for economy of scale

economy of scale

noun

economics a fall in average costs resulting from an increase in the scale of production

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