What does economical mean?
The adjective 'economical' refers to the management of resources to maximize efficiency or the requirement of little money or resources. It is often used to describe production methods, financial decisions, or lifestyle choices that aim to minimize waste and optimize results. In a broader sense, 'economical' can also imply a sense of thriftiness or frugality. The word has its roots in the Greek word 'oikonomia,' meaning 'household management,' and has been used in English since the 15th century. In modern usage, 'economical' is often contrasted with 'extravagant' or 'profligate,' highlighting the importance of responsible resource management. Overall, 'economical' is a useful word for describing efficient and practical approaches to various aspects of life.
adjectiveRelating to the management of resources to maximize efficiency, or requiring little money or resources.
- 1. Relating to the management of resources to maximize efficiency.
- 2. Requiring little money or resources.
"The company's economical production methods allowed it to stay competitive in the market."
"The company's economical production methods allowed it to stay competitive in the market."
"She chose to live an economical lifestyle to save money for her retirement."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of economical
The word 'economical' originated from the Greek word 'oikonomia,' meaning 'household management.' It was later adopted into Middle English from Old French 'economique,' and has been used in English since the 15th century. The word has cognates in many languages, including 'economie' in French and 'Wirtschaft' in German.
Usage notes
In formal writing, 'economical' is often used to describe business or financial decisions. In informal contexts, it can be used to describe personal lifestyle choices or habits. The word can have a positive connotation, implying a sense of responsibility and thriftiness, but it can also have a negative connotation, implying a lack of luxury or extravagance.