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economic - Dictionary definition and meaning for economic

ECONOMIC

  • (adj.) of or relating to the science of economics

    "economic theory"

  • (adj.) of or relating to an economy, the system of production and management of material wealth

    "economic growth", "aspects of social, political, and economical life"

    synonyms : economical

  • (adj.) using the minimum of time or resources necessary for effectiveness

    "an economic use of home heating oil", "a modern economical heating system", "an economical use of her time"

    synonyms : economical

  • (adj.) financially rewarding

    "it was no longer economic to keep the factory open", "have to keep prices high enough to make it economic to continue the service"

  • (adj.) concerned with worldly necessities of life (especially money)

    "he wrote the book primarily for economic reasons", "gave up the large house for economic reasons", "in economic terms they are very privileged"

WordNet® 3.0, © 2006 by Princeton University.


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