economic

economic
adjective
1 (only before noun) connected with trade, industry, and the management of money: strategies to promote economic growth | It makes no economic sense at all! | economic climate (=conditions affecting trade, industry, and business)
2 an economic process, activity etc produces enough profit for it to continue; profitable: It is no longer economic for us to run the service. | an economic price
—see economic USAGE NOTE: ECONOMIC WORD CHOICE: economy, economic, economics, economical, cheap, economically The adjective of the word economy (C), meaning the economy of a country is economic: government measures to boost the economy | the various economies of South America | We are faced with a deepening economic crisis (NOT economical).| economic growth/benefits/problems/policy The study of economies and their money systems is called economics (singular): He's got a degree in Modern History and Economics (NOT economic or economy).| Economics is my favorite subject (NOT are my favorite subject). The adjective economical relates to the word economy (sense 2 (U)) meaning the careful use of money, a supply of something, effort etc that avoids any waste: My new car is quite economical (=cheap to run).| She was brought up to be economical with the housekeeping money (=spend it carefully). Something that is economical is not necessarily cheap . For example it may be more economical to buy a packet of soap powder that is twice the usual size, because even though it costs more than the small packet, it does not cost twice the amount. However, sometimes people who sell things call cheap things economical simply because this word sounds better. The adverb of both economic and economical is economically: The country is not economically stable. | You can live here quite economically.

Longman dictionary of contemporary English. 2004.

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  • economic — ec‧o‧nom‧ic [ˌekəˈnɒmɪk◂, ˌiː ǁ ˈnɑː ] adjective [only before a noun] 1. ECONOMICS COMMERCE relating to or involving economics, money, finance, industry, trade etc: • The economic climate (= general state of the economy ) is not …   Financial and business terms

  • economic — I adjective cost effective, cost reducing, economical, labor saving, money saving, time saving, thrifty associated concepts: economic activity, economic conditions, economic depression, economic groups, economic factors, economic interest,… …   Law 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.]… …   The Collaborative International Dictionary of English

  • economic — ECONÓMIC, Ă, economici, ce, adj. 1. Care aparţine economiei, privitor la economie; economicesc. 2. (Şi adv.) Care cere puţine cheltuieli, care permite economii; ieftin, convenabil, economicos. – Din fr. économique. Trimis de LauraGellner,… …   Dicționar Român

  • economic — economic, economical 1. These are both adjectives answering to the word economy: economic in the meanings ‘relating to economics’ and ‘frugal, characterized by good economy’, and economical in the meaning ‘sparing in the use of resources’. An… …   Modern English usage

  • economic — [ek΄ə näm′ik, ē΄kənäm′ik] adj. [L oeconomicus < Gr oikonomia: see ECONOMY] 1. of or having to do with the management of the income, expenditures, etc. of a household, business, community, or government 2. of or having to do with the production …   English World dictionary

  • economic — 1590s, pertaining to management of a household, perhaps shortened from ECONOMICAL (Cf. economical) or from Fr. économique or directly from L. oeconomicus of domestic economy, from Gk. oikonomikos practiced in the management of a household or… …   Etymology dictionary

  • economic — [adj] business related; financial bread and butter*, budgetary, commercial, fiscal, industrial, material, mercantile, monetary, money making, pecuniary, productive, profitable, profit making, remunerative, solvent, viable; concepts 334,536 …   New thesaurus

  • economic — ► ADJECTIVE 1) relating to economics or the economy. 2) justified in terms of profitability …   English terms dictionary

  • economic — /ek euh nom ik, ee keuh /, adj. 1. pertaining to the production, distribution, and use of income, wealth, and commodities. 2. of or pertaining to the science of economics. 3. pertaining to an economy, or system of organization or operation, esp.… …   Universalium

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