Definition
Meaning of 'economic'
Meaning of 'economic' (Webster Dictionary)
1. Economic 
[ a.]
- Alt. of Economical [ a.]Meaning of 'economic' (Princeton's WordNet)
1. economic [ a]
[ a]Meaning (1):
- of or relating to an economy, the system of production and management of material wealth
- of or relating to an economy, the system of production and management of material wealth
Example in sentence:
- aspects of social, political, and economical life;
- economic growth
Meaning (2):
- of or relating to the science of economics
- of or relating to the science of economics
Example in sentence:
- economic theory
2. economic [ s]
[ s]Meaning (3):
- using the minimum of time or resources necessary for effectiveness
- using the minimum of time or resources necessary for effectiveness
Example in sentence:
- a modern economical heating system;
- an economic use of home heating oil;
- an economical use of her time
Meaning (4):
- concerned with worldly necessities of life (especially money)
- concerned with worldly necessities of life (especially money)
Example in sentence:
- gave up the large house for economic reasons;
- he wrote the book primarily for economic reasons;
- in economic terms they are very privileged
Meaning (5):
- financially rewarding
- financially rewarding
Example in sentence:
- have to keep prices high enough to make it economic to continue the service;
- it was no longer economic to keep the factory open
See 'economic' also in:
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