Definition:

1. The management of domestic affairs; the regulation and government of household matters, especially as they concern expense or disbursement 2. The internal, and especially pecuniary management of any undertaking, corporation, state, or the like 3. The system of rules and regulations by which anything is managed 4. Thrifty and frugal housekeeping

Alternate Spellings and Forms:

economic, economically, economical, economics