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

The audience at the economic forum in Vladivostok burst into applause, with Russian officials and business leaders apparently welcoming the threat to "destroy" Western troops.

From BBC

The factory, which makes new electric vehicles, had been touted by Georgia's Republican governor as the biggest economic development project in the state's history, employing 1,200 people.

From BBC

Core tenets of his economic policies were under strain.

From Los Angeles Times

But with Nigel Farage claiming that he is ready to be the country's next prime minister, Reform's economic plans are coming under greater scrutiny.

From BBC

"The initial reaction suggests markets are focused on Fed rate cuts rather than concerns about a cooling economy," said Ellen Zentner, chief economic Strategist for Morgan Stanley Wealth Management.

From BBC

Related Words

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