economicadjective
uk/iː.kəˈnɒm.ɪk//ek.əˈnɒm.ɪk/us/iː.kəˈnɑː.mɪk//ek.əˈnɑː.mɪk/economic adjective (COUNTRY'S ECONOMY)
B2 [ before noun ] relating to trade, industry, and money:
The country has been in a very poor economic state ever since the decline of its two major industries.
The government's economic policies have led us into the worst recession in years.
More examples
- I don't think we should expand our business in the current economic climate.
- People's voting habits are influenced by political, social, and economic factors.
- The country is in the midst of an economic crisis.
- On Wall Street today, the Dow Jones rose 55 points following good economic figures.
- Ministers are concerned by the low level of economic activity.
Thesaurus: synonyms and related words
Economics
- autarchy
- broad money
- Chancellor of the Exchequer
- consumer price index
- credit crunch
- deflate
- depressed
- downturn
- economist
- GDP per capita
- GNI
- hyperinflation
- market forces
- mixed economy
- pecuniary
- protectionism
- retail price index
- spending
- stall
- trade figures
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economic adjective (MAKING A PROFIT)
making a profit, or likely to make a profit:
We had to close our London office - with the rent so high it just wasn't economic.
Thesaurus: synonyms and related words
Profits & losses
- break
- buoyant
- deficit
- diminishing returns
- gold mine
- gross receipts
- in/out of pocket idiom
- interim
- ka-ching
- licence
- loss
- loss-making
- pay
- profit sharing
- rig
- rig the market idiom
- speculation
- takings
- turnover
- uneconomic
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