BNET Business Dictionary

Business Definition for: Economy

  • the distribution of wealth in a society and the means by which that wealth is produced and consumed

Wiktionary Definition for: Economy

  • #cheap; using minimal resources.
  • Ex:"He bought an '''economy''' car."
  • #The collective focus of the study of money, currency and trade.
  • #The overall measure of a currency system; as the national economy.
  • # theology The method of divine government of the world.

Additional Resources

In a Gloomy Economy, Signs of Light
In a Gloomy Economy, Signs of LightRE: In a Gloomy Economy, Signs of LightFirst, the Feds must take care of the middle class which is at least 70% of the economy. A rebate check of $1,000 would stave off a very gloomy Christmas.Instead of bailing out the high-rollers, we...
Tags: Recruitment & Selection, Taxes, Investment, payroll solutions, Gloomy Economy, welfare
Discussion threads 2008-09-16
Economy of errors
A cold wind from the future blows into my bedroom, more often than not during those midnight hours when fear dominates and hope retreats to a netherworld. This wind is a spectre, an oracle of darkness and eventual death, not easily dismissed. Once merely a whisper, its decibels intensify with...
Tags: Growth, Economy, Asset, Gross Domestic Product
News items 2009-10-27
Bank's Sentance Says UK Economy Growing - Report
LONDON (Reuters UK) - Britain's economy probably began growing again in the second half of the year and has a good chance of getting back on the path to low inflation growth next year, Bank of England policymaker Andrew Sentance said on Wednesday.In an interview with Sky News, Sentance said...
Tags: Bank, Economy, Sales Strategy, Currency & Foreign Exchange, Sales Force Management, Sales, Finance, Oukbs
News items 2009-11-25
Digital economy bill promises action on piracy, games and ITV regional news
Bill offers illegal filesharing clampdown, tougher rules on video game age ratings and powers for Ofcom over ITV regional news A clampdown on unlawful online file-sharing, a push for the switchover to digital radio in 2015, tougher laws to stop children getting hold of violent video...
Tags: economy, game, report, iTV
News items 2009-11-18
7270: It's The Economy.
From The Washington Post… Blacks hit hard by economy's punch 34.5 percent of young African American men are unemployed By V. Dion Haynes These days, 24-year-old Delonta Spriggs spends much of his time cooped up in his mother's one-bedroom apartment in Southwest Washington,...
Tags: economy, Job, Men
News items 2009-11-24
Bad Economy Becoming All-Purpose Excuse
Here's your PR tip of the week: write yourself a page of new messages that include the phrase "because of the bad economy..." As in, "Our revenues are flat because of the bad economy." Or, "We have to lay off people because of the bad economy..." ...
Tags: Economy, Public Relations, Litigation, Marketing, Corporate Communications, Business Operations, Jon Greer
Blog posts 2008-11-11
Aussie Economy on Recovery Path: Stevens
The Australian economy is now on a recovery path after emerging from one of mildest downturns on record, which has highlighted the nation's sensible macroeconomic policies and demand for the nation's resources from Asia, the central bank said.However, policymakers now need to lay the platform for a long and...
Tags: Economy, Australian, Australian Economy, Government, Financial Accounting, Financial Planning, Balance Sheets, Personal Finance, Strategy, Financial Services, Finance, Financial Statements, Management, AAP
News items 2009-11-05
American Economy Worse Than it Seems -- Summers
American Economy Worse Than it Seems -- SummersRE: American Economy Worse Than it Seems -- SummersWithout reallly knowing his history, it is evident that Mr. Summers served in a Democrat administration. No surprise that the only way out involves govt. assistance. The harsh reality is that the major...
Tags: Taxes, Free trade, UNION POWER, American Economy, tax
Discussion threads 2008-08-19
What's Next: 4 Big Predictions for the U.S. Economy
The global landscape has changed for good. Here are our biggest predictions for after the shakeout — plus suggestions for what you should do about them. ...
Tags: U.S., Gross Domestic Product, China, Growth, MoneyWatch, Yields, Taxes, Free Trade, Personal Finance, Financial Planning, Finance, Cait Murphy
Articles 2009-06-22
BOJ, Government Clash Over Economy
By Leika KiharaTOKYO (Reuters UK) - The Bank of Japan upgraded its economic assessment on Friday, setting itself up for a confrontation with a government pressing for a policy response to deflation and a possible return to recession.The Japanese government published a report that pronounced the economy officially in deflation...
Tags: Bank, Bond, Interest Rate, Economy, Government Bond, BOJ, Government, Deflation
News items 2009-11-20
The Economy: A Grinding Five-Year Restructuring
The Economy: A Grinding Five-Year RestructuringOn the Money!I share your point of view. My opinion is that the seeds of what you say were planted during the Nixon era, when we no longer tied our currency to a standard commodity, like gold or silver. We wouldn't have had the rate...
Tags: American Empire, Five-Year Restructuring
Discussion threads 2008-02-22
Guess Which Economy Doubled in Size Last Year
With the global economy in a slump, leaders from the world's top industrial powers are meeting in Pittsburgh to discuss ways to ramp up growth. In the meantime, investors keep scanning the planet for opportunities in a down market.  There's always China, whose economy the Asian Development...
Tags: Second Life, Economy, Games, Virtual Reality, Personal Technology, Emerging Technologies, Stefan Deeran
Blog posts 2009-09-23
Business and Financial Reporting, Challenges From The New Economy
This Special Report examines two assertions that dominate articles and papers about the intersection between the new economy on one hand and business and financial reporting on the other. First, the economy of 2000 is fundamentally different from the economy of 1950 and before. Second, traditional financial statements do not...
Tags: Financial Reporting, Financial, Economy, Financial Accounting Foundation, Financial Accounting, Financial Planning, Finance
White papers 2001-04-01
Auto industry debates safety vs. fuel economy.
Auto Industry Debates Safety Vs. Fuel Economy WASHINGTON--Which is more important, fuel economy or auto safety? That's the crux of a debate in Congress over a bill that would impose tougher fuel economy standards on cars to reduce global warming aAuto Industry...
Tags: Accord, car, Honda Motor Co.
Research articles 1991-04-15
New Zealand's economy has been "remarkably resilient" in the past year, according to a report by the OECD.(Brief Article)
New Zealand's economy has been "remarkably resilient" in the past year, according to a report by the OECD. Although the world economy had a poor 2001, the New Zealand economy was sustained by strong consumer-spending growth and helped by hi New Zealand's economy has been "remarkably...
Tags: OECD
Research articles 2002-05-25
Q4: Web Ad Economy Enters Recession; Display Ad Prices Decline
Pubmatic's survey of online advertising prices shows that the web advertising economy entered recession in the fourth quarter of 2008. Prices for display ads online declined in Q4, the company reported. In addition, there was: a significant decline in Q4 2008 online display ad pricing compared to Q4 2007...
Tags: Advertisement, Recession, Pricing Strategy, Online Advertising, Pubmatic, Jim Edwards
Blog posts 2009-01-19
Obama Speaks on the Economy
FinancialSpiltMilk submits: I am watching Obama's press conference and typing this as he speaks. Here is my take:ObamaHe definitely gets that our economy sucks wind and we are in dire straights.The fact that he is focusing spending on alternative energy, health care, infrastructure, education and similar spending that creates...
Tags: US Market, Craig Brown
External links 2009-02-10
GM CEO: Higher Oil Prices + Fuel Economy = Business Plan
General Motors' business plan will be shaped in large part by one basic assumption: oil prices will rise again. GM CEO Fritz Henderson answered dozens of reporters' questions during a Monday press conference about the company's Chapter 11 bankruptcy protection filing. And among all of Henderson's answers, his...
Tags: Car, General Motors Corp., Kirsten Korosec
Blog posts 2009-06-01
Media Site Looks for Free Content, Touts "Reputation Economy"
You've heard of the New Economy. You're heard of the Old Economy. There's the Freemium Economy and the Link Economy and, as everyone knows after the past year, the Crashing Economy. But now we have a new invention from WebMediaBrands in its guise as MediaBistro: the Reputation Economy. by Erik...
Tags: Erik Sherman
Blog posts 2009-09-10
Economy is Struggling With a Jobless Recovery
A number of key economic measures declined this week, indicating the country is still struggling to emerge from the recession. While none of the data points was cause for alarm, taken together they indicated a much slower recovery than economists had expected. The biggest surprise was the...
Tags: Recovery, Economist, Economy, Government, Currency & Foreign Exchange, Corporate Governance, Operational Accounting, Personal Finance, Finance, Business Operations, Corporate Law, Charles Wallace
Blog posts 2009-10-01
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