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Economy vs Undefined - What's the difference?

economy | undefined |

As adjectives the difference between economy and undefined

is that economy is cheap to run; using minimal resources; representing good value for money while undefined is lacking a definition or value.

As a noun economy

is effective management of the resources of a community or system.

economy

English

Alternative forms

*

Noun

(wikipedia economy) (economies)
  • 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
    • 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.
  • * {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
    • , title= 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.}}
  • (theology) The method of divine government of the world.
  • (archaic) Management of one’s (l).

    • Derived terms

    * collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economy

    Related terms

    * economics ** macroeconomics ** microeconomics

    Adjective

    (-)
  • Cheap to run; using minimal resources; representing good value for money.
    • "He bought an economy car."
    "Economy size".

    Anagrams

    *

    undefined

    English

    Adjective

    (wikipedia undefined) (-)
  • Lacking a definition or value.
  • (mathematics, computing) That does not have a meaning and is thus not assigned an interpretation.
    • The result of division by zero is undefined .

    Antonyms

    * defined