Longman Dictionary of Contemporary English homepage

economic

 adjective
     
Related topics: Finance, Economics
ec‧o‧nom‧ic S3 W1
1 [only before noun]PE relating to trade, industry, and the management of money [↪ economy]:
Economic growth is slow.
the government's economic policy
Economic reform is needed.
In the current economic climate (=conditions), we must keep costs down.
2BF an economic process, activity etc produces enough profit for it to continue [= profitable; ≠ uneconomic]:
It is no longer economic to run the service.
! Do not confuse with economical (=cheap or not wasteful).
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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