Economic

Definition of Economic

E`co`nom´ic
a.1.Pertaining to the household; domestic.
2.Relating to domestic economy, or to the management of household affairs.
And doth employ her economic art
And busy care, her household to preserve.
- Sir J. Davies.
3.Managing with frugality; guarding against waste or unnecessary expense; careful and frugal in management and in expenditure; - said of character or habits.
Just rich enough, with economic care,
To save a pittance.
- Harte.
4.Managed with frugality; not marked with waste or extravagance; using the minimum of time or effort or resources required for effectiveness; frugal; - said of acts; saving; as, an economical use of money or of time; an economic use of home heating oil.
5.of or pertaining to the national or regional economy; relating to political economy; relating to the means of living, or the resources and wealth of a country; relating to the production or consumption of goods and services of a nation or region; as, economic growth; economic purposes; economical truths; an economic downturn.
These matters economical and political.
- J. C. Shairp.
There was no economical distress in England to prompt the enterprises of colonization.
- Palfrey.
Economic questions, such as money, usury, taxes, lands, and the employment of the people.
- H. C. Baird.
6.Regulative; relating to the adaptation of means to an end.
7.of or pertaining to economics.
8.profitable. Opposite of uneconomic.
9.avoiding waste; as, an economical meal. Opposite of wasteful.

Related Words

Scotch, budget, budgetary, canny, careful, chary, cheap, cheeseparing, commercial, conserving, easy, economizing, economy, financial, fiscal, forehanded, frugal, inexpensive, labor-saving, low, low-priced, manageable, mercantile, moderate, modest, monetary, money-saving, nominal, parsimonious, pecuniary, penny-wise, politico-economic, productive, profitable, provident, prudent, prudential, reasonable, remunerative, saving, scrimping, sensible, shabby, shoddy, skimping, socio-economic, solvent, spare, sparing, thrifty, time-saving, token, trade, unexpensive, unwasteful, within means, worth the money
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