different between economy vs frugality
economy
English
Alternative forms
- oeconomy, œconomy (archaic)
Etymology
Borrowed from Latin oeconomia, from Ancient Greek ????????? (oikonomía, “management of a household, administration”), from ????? (oîkos, “house”) + ???? (ném?, “distribute, allocate”) (surface analysis eco- +? -nomy). The first recorded sense of the word economy, found in a work possibly composed in 1440, is “the management of economic affairs”, in this case, of a monastery.
Pronunciation
- (Received Pronunciation) IPA(key): /i??k?n.?.mi/
- (General American) enPR: ?k?n??m?, ?k?n??m? IPA(key): /i??k?n.?.mi/, /??k?n.?.mi/, /??k?n.?.mi/
- Rhymes: -?n?mi
Noun
economy (countable and uncountable, plural economies)
- Effective management of a community or system, or especially its resources.
- (obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.
- animal economy, vegetable economy
- (obsolete) System of management; general regulation and disposition of the affairs of a state or nation, or of any department of government.
- (obsolete) A system of rules, regulations, rites and ceremonies.
- the Jewish economy
- (obsolete) The disposition or arrangement of any work.
- the economy of a poem
- (obsolete) The regular operation of nature in the generation, nutrition and preservation of animals or plants.
- The study of money, currency and trade, and the efficient use of resources.
- Frugal use of resources.
- economy of word
- April 5, 1729, Jonathan Swift, letter to St. John
- I have no other notion of economy than that it is the parent to liberty and ease.
- The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
- (theology) The method of divine government of the world. (See w:Economy (religion).)
- (US) The part of a commercial passenger airplane or train reserved for those paying the lower standard fares; economy class.
- (archaic) Management of one’s residency.
Derived terms
Related terms
- economics
- macroeconomics
- microeconomics
Translations
Adjective
economy (not comparable)
- Cheap to run; using minimal resources; representing good value for money.
- He bought an economy car.
- Economy size.
Adverb
economy (not comparable)
- (US) In or via the part of a commercial passenger airplane reserved for those paying the lower standard fares.
- Numerous web sites have tips on how to fly economy.
Translations
Anagrams
- monoecy
economy From the web:
- what economy is the us
- what economy does the us have
- what economy does china have
- what economy does canada have
- what economy does russia have
- what economy does north korea have
- what economy is china
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frugality
English
Etymology
Borrowed from Middle French frugalité.
Pronunciation
- IPA(key): /f?u???æl?ti/
Noun
frugality (countable and uncountable, plural frugalities)
- The quality of being frugal; prudent economy; thrift.
- A sparing use; sparingness.
Synonyms
- frugalness (less common variant)
- parsimony
- thriftiness
Translations
References
- frugality in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
- frugality in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
frugality From the web:
- what frugality means
- what frugality is
- what frugality means in spanish
- frugality what does it mean
- what is frugality in philosophy
- what is frugality and prudence toward the environment
- what does frugality
- what is frugality towards environment
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