Financial vs Economy - What's the difference?
financial | economy |
Related to finances.
*{{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
, title= Having dues and fees paid up to date for a club or society.
Effective management of the resources of a community or system.
Collective focus of the study of money, currency and trade, and the efficient use of resources.
Frugal use of resources.
* Jonathan Swift
The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
* {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
, title= (theology) The method of divine government of the world.
(archaic) Management of one’s (l).
Cheap to run; using minimal resources; representing good value for money.
As adjectives the difference between financial and economy
is that financial is related to finances while economy is cheap to run; using minimal resources; representing good value for money.As a noun economy is
effective management of the resources of a community or system.financial
English
Adjective
(-)Engineers of a different kind, passage=Private-equity nabobs bristle at being dubbed mere financiers.
Usage notes
Not to be confused with (fiscal), which means more narrowly “pertaining to a treasury, particularly to government spending and revenue”, rather than to money generally.Derived terms
* financial market * financial year * financial regulationSee also
* fiscaleconomy
English
Alternative forms
*Noun
(wikipedia economy) (economies)- I have no other notion of economy than that it is the parent to liberty and ease.
Horns of a trilemma, passage=An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.}}
Derived terms
* collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economyAdjective
(-)- "He bought an economy car."
- "Economy size".