of or relating to an economy, economics, or finance capable of being produced, operated, etc, for profit; profitable concerning or affecting material resources or welfare: economic pests concerned with or relating to the necessities of life; utilitarian - a variant of economical
inexpensive; cheap
WordReference Random House Learner's Dictionary of American English © 2025
ec•o•nom•ic /ˌɛkəˈnɑmɪk, ˌikə-/USA pronunciation
adj.
WordReference Random House Unabridged Dictionary of American English © 2025- Business[before a noun] of or relating to the production, distribution, and use of income, wealth, and goods and services.
- Business[before a noun] of or relating to the science of economics.
- Businesseconomical.
ec•o•nom•ic
(ek′ə nom′ik, ē′kə-),USA pronunciation adj.
- Businesspertaining to the production, distribution, and use of income, wealth, and commodities.
- Businessof or pertaining to the science of economics.
- Businesspertaining to an economy, or system of organization or operation, esp. of the process of production.
- Businessinvolving or pertaining to one's personal resources of money:to give up a large house for economic reasons.
- Businesspertaining to use as a resource in the economy:economic entomology; economic botany.
- Businessaffecting or apt to affect the welfare of material resources:weevils and other economic pests.
- Businesseconomical.
- Greek oikonomikós relating to household management, equivalent. to oikonóm(os) steward (oîko(s) house + nómos manager) + -ikos -ic
- Latin oeconomicus
- Middle French economique)
- (1585–95
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