Economy

ek-on′o-mi, n. the management of a household or of money matters: a frugal and judicious expenditure of money: a system of rules or ceremonies: a dispensation, as 'the Christian economy:' regular operations, as of nature.— adjs. Econom′ic , -al , pertaining to economy: frugal: careful.— adv. Econom′ically .— ns. Econom′ics , the science of household management: political economy; Economisā′tion , act of economising.— v.i. Econ′omise , to manage with economy: to spend money carefully: to save.— v.t. to use prudently: to spend with frugality.— ns. Economī′ser , Econ′omist , one who is economical: one who studies political economy.— Political economy (see under Politic ). [L. œconomia —Gr. oikonomia — oikos , a house, nomos , a law.]