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    economic

    economic - Dictionary definition and meaning for word economic

    Definition
    (adj) of or relating to an economy, the system of production and management of material wealth
    Synonyms : economical
    Example Sentence
    • economic growth
    • aspects of social, political, and economical life
    Definition
    (adj) of or relating to the science of economics
    Example Sentence
    • economic theory
    Definition
    (adj) using the minimum of time or resources necessary for effectiveness
    Synonyms : economical
    Example Sentence
    • an economic use of home heating oil
    • a modern economical heating system
    • an economical use of her time
    Definition
    (adj) concerned with worldly necessities of life (especially money)
    Example Sentence
    • he wrote the book primarily for economic reasons
    • gave up the large house for economic reasons
    • in economic terms they are very privileged
    Definition
    (adj) financially rewarding
    Example Sentence
    • it was no longer economic to keep the factory open
    • have to keep prices high enough to make it economic to continue the service
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