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Economic definitions

Webster's 1828 Dictionary

ECONOM'IC
ECONOM'ICAL, a. [See Economy.] Pertaining to the regulation of household concerns; as the economic art.
1. Managing domestic or public pecuniary concerns with frugality; as an economical housekeeper; an economical minister or administration.
2. Frugal; regulated by frugality; not wasteful or extravagant; as an economical use of money.

WordNet (r) 3.0 (2005)

adj
1: of or relating to an economy, the system of production and management of material wealth; "economic growth"; "aspects of social, political, and economical life" [syn: economic, economical]
2: of or relating to the science of economics; "economic theory"
3: using the minimum of time or resources necessary for effectiveness; "an economic use of home heating oil"; "a modern economical heating system"; "an economical use of her time" [syn: economic, economical]
4: concerned with worldly necessities of life (especially money); "he wrote the book primarily for economic reasons"; "gave up the large house for economic reasons"; "in economic terms they are very privileged"
5: financially rewarding; "it was no longer economic to keep the factory open"; "have to keep prices high enough to make it economic to continue the service"

Merriam Webster's

adjective Date: 1592 1. archaic of or relating to a household or its management 2. economical 2 3. a. of or relating to economics <economic theories> b. of, relating to, or based on the production, distribution, and consumption of goods and services <economic growth> c. of or relating to an economy <a group of economic advisers> 4. having practical or industrial significance or uses ; affecting material resources 5. profitable

Oxford Reference Dictionary

adj. 1 of or relating to economics. 2 maintained for profit; on a business footing. 3 adequate to repay or recoup expenditure with some profit (not economic to run buses on Sunday; an economic rent). 4 practical; considered or studied with regard to human needs (economic geography). Derivatives: economically adv. Etymology: ME f. OF economique or L oeconomicus f. Gk oikonomikos (as ECONOMY)

Webster's 1913 Dictionary

Economic E`co*nom"ic (?; 277), Economical E`co*nom"ic*al, a. [F. ['e]conomique, L. oeconomicus orderly, methodical, Gr. ? economical. See Economy.] 1. Pertaining to the household; domestic. ``In this economical misfortune [of ill-assorted matrimony.]'' --Milton. 2. Relating to domestic economy, or to the management of household affairs. And doth employ her economic art And busy care, her household to preserve. --Sir J. Davies. 3. Managing with frugality; guarding against waste or unnecessary expense; careful and frugal in management and in expenditure; -- said of character or habits. Just rich enough, with economic care, To save a pittance. --Harte. 4. Managed with frugality; not marked with waste or extravagance; frugal; -- said of acts; saving; as, an economical use of money or of time. 5. Relating to the means of living, or the resources and wealth of a country; relating to political economy; as, economic purposes; economical truths. These matters economical and political. --J. C. Shairp. There was no economical distress in England to prompt the enterprises of colonization. --Palfrey. Economic questions, such as money, usury, taxes, lands, and the employment of the people. --H. C. Baird. 6. Regulative; relating to the adaptation of means to an end. --Grew. Note: Economical is the usual form when meaning frugal, saving; economic is the form commonly used when meaning pertaining to the management of a household, or of public affairs.

Collin's Cobuild Dictionary

Frequency: The word is one of the 700 most common words in English. 1. Economic means concerned with the organization of the money, industry, and trade of a country, region, or society. ...Poland's radical economic reforms... The pace of economic growth is picking up. ADJ: usu ADJ n economically ...an economically depressed area... Economically and politically, this affair couldn't come at a worse time. ADV: ADV adj/-ed, ADV after v, ADV with cl 2. If something is economic, it produces a profit. The new system may be more economic but will lead to a decline in programme quality. = profitable ADJ

Soule's Dictionary of English Synonyms

a.; (also economical) 1. Household, housekeeping, relating to housekeeping or the household, housewifely. 2. Relating to economics, concerning public economy. 3. Saving, sparing, provident, thrifty, frugal, free from lavishness or waste.

Moby Thesaurus

Scotch, budget, budgetary, canny, careful, chary, cheap, cheeseparing, commercial, conserving, easy, economizing, economy, financial, fiscal, forehanded, frugal, inexpensive, labor-saving, low, low-priced, manageable, mercantile, moderate, modest, monetary, money-saving, nominal, parsimonious, pecuniary, penny-wise, politico-economic, productive, profitable, provident, prudent, prudential, reasonable, remunerative, saving, scrimping, sensible, shabby, shoddy, skimping, socio-economic, solvent, spare, sparing, thrifty, time-saving, token, trade, unexpensive, unwasteful, within means, worth the money



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