Economically

/ˌiː.kəˈnɒm.ɪ.kli/

Meaning & Definition

adverb

In a manner that relates to the economy or finances; in a way that is efficient or uses resources wisely.

The company is looking for ways to operate more economically in order to increase its profits.

In a way that conserves resources or minimizes waste.

She plans to travel economically by using public transportation instead of renting a car.

In a manner that relates to economic principles or considerations.

The project was designed economically to ensure that funding was used effectively.

From the word 'economy', which derives from the Greek 'oikonomia', meaning household management.

economically viable

Capable of being sustained with an adequate profit.

economically challenged

Impacted by financial obstacles or difficulties.

economically integrated

Heavily interconnected in terms of economic activities.

economy

The system of production, distribution, and consumption of goods and services in a society.

economic

Pertaining to the economy or economics.

economist

An expert in economics.

Running on a tight budget.

I’m trying to live economically while saving up for a new car.

Penny-pinching.

He’s so economically-minded that he never splurges on anything.