Definition of Econom. Meaning of Econom. Synonyms of Econom
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Definition of Econom
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A oeconomus Vole Vole, n. (Zo["o]l.)
Any one of numerous species of micelike rodents belonging to
Arvicola and allied genera of the subfamily
Arvicolin[ae]. They have a thick head, short ears, and a
short hairy tail.
Note: The water vole, or water rat, of Europe (Arvicola
amphibius) is a common large aquatic species. The
short-tailed field vole (A. agrestis) of Northern and
Central Europe, and Asia, the Southern field vole (A.
arvalis), and the Siberian root vole (A.
[oe]conomus), are important European species. The
common species of the Eastern United States (A.
riparius) (called also meadow mouse) and the prairie
mouse (A. austerus) are abundant, and often injurious
to vegetation. Other species are found in Canada.
economic or Ricardian rent Rent Rent, n. (Polit. Econ.)
(a) That portion of the produce of the earth paid to the
landlord for the use of the ``original and indestructible
powers of the soil;' the excess of the return from a
given piece of cultivated land over that from land of
equal area at the ``margin of cultivation.' Called also
economic, or Ricardian, rent. Economic rent is due
partly to differences of productivity, but chiefly to
advantages of location; it is equivalent to ordinary or
commercial rent less interest on improvements, and nearly
equivalent to ground rent.
(b) Loosely, a return or profit from a differential advantage
for production, as in case of income or earnings due to
rare natural gifts creating a natural monopoly.
Economically Economically E`co*nom"ic*al*ly, adv.
With economy; with careful management; with prudence in
expenditure.
Economics Economics E`co*nom"ics, n. [Gr. ?, equiv. to ? ?. See
Economic.]
1. The science of household affairs, or of domestic
management.
2. Political economy; the science of the utilities or the
useful application of wealth or material resources. See
Political economy, under Political. ``In politics and
economics.' --V. Knox.
economise Economize E*con"o*mize, v. i.
To be prudently sparing in expenditure; to be frugal and
saving; as, to economize in order to grow rich. [Written also
economise.] --Milton.
Economization Economization E*con`o*mi*za"tion, n.
The act or practice of using to the best effect. [R.] --H.
Spenser.
Economize Economize E*con"o*mize, v. i.
To be prudently sparing in expenditure; to be frugal and
saving; as, to economize in order to grow rich. [Written also
economise.] --Milton.
Economizer Economizer E*con"o*mi`zer, n.
1. One who, or that which, economizes.
2. Specifically: (Steam Boilers) An arrangement of pipes for
heating feed water by waste heat in the gases passing to
the chimney.
OEconomical OEconomical [OE]`co*nom"ic*al, a.
See Economical.
OEconomics OEconomics [OE]`co*nom"ics, n.
See Economics.
Political economy Political Po*lit"i*cal, a.
1. Having, or conforming to, a settled system of
administration. [R.] ``A political government.' --Evelyn.
2. Of or pertaining to public policy, or to politics;
relating to affairs of state or administration; as, a
political writer. ``The political state of Europe.'
--Paley.
3. Of or pertaining to a party, or to parties, in the state;
as, his political relations were with the Whigs.
4. Politic; wise; also, artful. [Obs.] --Sterne.
Political economy, that branch of political science or
philosophy which treats of the sources, and methods of
production and preservation, of the material wealth and
prosperity of nations.
