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    • \ i-ˈkä-nə-mē \

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    [Noun]  | "econ*o*my" | \ i-ˈkä-nə-mē \


    1: the structure or conditions of economic life in a country, area, or period; also : an economic system

    2: thrifty and efficient use of material resources : frugality in expenditures; also : an instance or a means of economizing : saving

    3: efficient and concise use of nonmaterial resources (such as effort, language, or motion)

    Origin: 15th century ;

     Middle English yconomye, borrowed from Middle French yconomie, economie, borrowed from Medieval Latin yconomia, economia, oekonomia (Late Latin, organization of the Trinity, plan, dispensation, Latin oeconomia arrangement of material by an author,), borrowed from Greek oikonomía management of a household, direction, arrangement, from oikonómos manager of a household, steward, (from oîkos house + -nomos, noun derivative of némein to have management or control of, rule, direct) + -ia {see: |-y:2|-y:2} {mat|vicinity|}, {mat|nimble|} ;

    [Noun]  | "command economy" 


    1: an economic system in which activity is controlled by a central authority and the means of production are publicly owned

    Origin: 1942 ;

    [Noun]  | "gift economy" 


    1: a system in which goods and services are given freely between people rather than sold or bartered

    Origin: 1942 ;

    [Noun]  | "gig economy" 


    1: economic activity that involves the use of temporary or freelance workers to perform jobs typically in the service sector

    Origin: 2009 ;

     {see: |gig:1|gig:1};

    [Noun]  | "market economy" 


    1: an economy in which most goods and services are produced and distributed through free markets

    Origin: 1918 ;

    [Noun]  | "political economy" 


    1: economics

    2: the theory or study of the role of public policy in influencing the economic and social welfare of a political unit

    Origin: 1868 ;

    [Noun]  | "sharing economy" 


    1: economic activity that involves individuals buying or selling usually temporary access to goods or services especially as arranged through an online company or organization

    Origin: 2004 ;

    [Noun]  | "false economy" 


    1: something that costs less at first but results in more money being spent later

    [Adjective]  | "economy" 


    1: designed to save money

    Origin: 1821 ;

     From attributive use of {see: |economy:1|economy:1};

    [Noun phrase]  | "economy of scale" 


    1: a reduction in the cost of producing something (such as a car or a unit of electricity) brought about especially by increased size of production facilities —usually used in plural

    Origin: 1944 ;

    [Noun]  | "economy" 


    1: careful management of material resources;


      * e.g., " ... people on fixed incomes are used to practicing economy "




     [ "economy" ]

    1: shit

      * e.g.,  ...  Oh economy! I forgot to grab my phone! 

     [ "economy" ]

    1: Thin link between statistics and politics. Since stats can prove pretty much anything, the so-called economic "sciences" is nothing more than the art of justifying the acts and thoughts that are politically or financially favorable for our specific group by using arguments that are mathematically undiniable but socially and environnementally absurd

      * e.g.,  ... Our studies show that recycling is not economically profitable for underdevelloped countries because it lowers the amount of ressources needed in richer countries thus lowering importations ... 

     [ "economy" ]

    1: careful use of money and goods; a special arrengment or system; the way an ecomnomic system is arranged

      * e.g.,  ... Thrifts; organization; (as of a country or a period of history) 

     [ "economy" ]

    1: something that will soon be operated by a supercomputer that only asks for electricity as pay instead of huge bonus fees.

      * e.g.,  ... All the economy peoples will soon lose their jobs and multi-million dollar bonuses. 

     [ "not in this economy" ]

    1: You can now effectively contribute to any conversation simply by adding "not in this economy" at the end.

      * e.g.,  ... "Lets fuck" "Not in this economy" -- 

     [ "the economy" ]

    1: the reason why you lost your job, your 401k was wiped out, you don't have health care, your wife left you, and your dog died. there should be a country song about it.

      * e.g.,  ... why am i eating ramen noodles for dinner every day? the economy, man. the economy. 

     [ "Economy" ]

    1: A multi-function excuse usable for absolutely anything.

      * e.g.,  ... Uggo: Do you want to go get some dinner on Friday night? 

     [ "In This Economy" ]

    1: The pre-cursor to a bad decision or proposition, usually as an excuse.

      * e.g.,  ... Ex "In this economy, it's okay to not shower for six days." Ex "In this economy, it's necessary to limit a few of the extra rights of the people." 

     [ "In This [Economy]..." ]

    1: a preface or tag line used to mollify or quantify any ridiculous or unscrupulous action or statement

      * e.g.,  ... yeah i shoplifted some gum earlier today, but you know In This Economy... 

     [ "this economy" ]

    1: Scofflaws, cheats, deadbeats and other losers use this phrase as an excuse for their miserable failures in managing their money

      * e.g.,  ... I'd love to pay you for cleaning my pool Eugene but in "this economy" I just can't! Sorry. 

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