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economy

/iːˈkɒn.ə.mi/
noun
  1. Effective management of a community or system, or especially its resources.

  2. The study of money, currency and trade, and the efficient use of resources.

  3. Frugal use of resources.

    "economy of word"

adjective
  1. Cheap to run; using minimal resources; representing good value for money.

    "Economy size."

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economy — meaning, definition & examples | WordNote | WordNote