economy

economy n

Middle Fr. < Gk 'management of a household; arrangement of a literary work'.

1. Wisdom; prudence; frugality; [fig.] elegance; finesse; modest style (see L. brevia); [Webster 1844] effective poetic arrangement; proper disposition of language elements.
2. Management; regulation; government; discipline; order; rigor; [fig.] obedience; faithfulness.
3. Home; household resources; family organization; social network; (see Thoreau's “Economy” in Walden).