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Economy

Merriam-Webster Online Dictionary
economy (noun)
1.
archaic the management of household or private affairs and especially expenses
2.
a) thrifty and efficient use of material resources frugality in expenditures , also an instance or a means of - economizing saving
b) efficient and concise use of nonmaterial resources (as effort, language, or motion)
3.
a) the arrangement or mode of operation of something - organization
b) a system especially of interaction and exchange - an economy of information
4.
the structure or conditions of life in a country, area, or period - economic , also an economic system
economy (adjective)
designed to save money - economy cars
Merriam-Webster Online Thesaurus
economy (noun)
careful management of material resources
SYNONYMS:
frugality, husbandry, parsimony, penny-pinching, providence, scrimping, skimping, thrift
RELATED WORDS:
conservation, saving; miserliness, niggardliness, stinginess; belt-tightening, retrenchment; discretion, forehandedness, prudence; austerity, moderation, restraint, temperance
NEAR ANTONYMS:
extravagance, improvidence, lavishness, prodigality, squandering
diseconomy, wastefulness
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