Dictionary
English - Korean
Economy
əˈkɑnəmi
Extremely common
800 - 900
800 - 900
The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000. This importance index helps you focus on the most useful words during your language learning process.
The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000. This importance index helps you focus on the most useful words during your language learning process.
경제, 경비 절감, 경제성, 경제적, 경제학
Economy meanings in Korean
경제
Example:
The economy is recovering after the recession.
경기가 불황 이후에 회복되고 있습니다.
A strong economy benefits everyone.
강한 경제는 모두에게 이익을 줍니다.
Usage: formalContext: Used in discussions about national or global economic conditions.
Note: This is the most common translation. It refers to the system of production, distribution, and consumption of goods and services.
경비 절감
Example:
They implemented a plan for cost economy.
그들은 비용 절감을 위한 계획을 시행했습니다.
The company is focusing on economy measures.
회사는 경비 절감 조치에 집중하고 있습니다.
Usage: formalContext: Often used in business and management contexts to discuss ways to save money.
Note: This meaning emphasizes the aspect of saving resources or reducing expenses.
경제성
Example:
The economy of the new design was impressive.
새로운 디자인의 경제성이 인상적이었습니다.
We need to consider the economy of our choices.
우리는 우리의 선택의 경제성을 고려해야 합니다.
Usage: formalContext: Used in contexts related to efficiency and effectiveness of processes or designs.
Note: Refers to the efficiency or cost-effectiveness of something.
경제적
Example:
This solution is more economical compared to others.
이 솔루션은 다른 것들에 비해 더 경제적입니다.
We need to find an economical way to travel.
우리는 여행할 경제적인 방법을 찾아야 합니다.
Usage: formal/informalContext: Can be used in both casual and formal discussions about cost-saving or resource-efficient options.
Note: Describes something that is efficient in terms of cost.
경제학
Example:
She studied economics at university.
그녀는 대학에서 경제학을 전공했습니다.
Understanding economics is crucial for making informed decisions.
경제학을 이해하는 것은 정보에 기반한 결정을 내리는 데 중요합니다.
Usage: formalContext: Used in academic or professional settings related to the study of economics.
Note: Refers specifically to the academic discipline that studies the economy.
Economy's synonyms
finance
Finance refers to the management of money and other assets.
Example: She works in the finance department of a large corporation.
Note: Finance is more focused on the management of money and assets, while economy is broader and encompasses the production, distribution, and consumption of goods and services in a country.
market
Market refers to the buying and selling of goods and services, including the relationships between buyers and sellers.
Example: The housing market is experiencing a downturn.
Note: Market specifically refers to the exchange of goods and services, while economy encompasses a wider range of economic activities beyond just market transactions.
industry
Industry refers to a particular sector of economic activity, such as manufacturing, technology, or agriculture.
Example: The automotive industry is a key sector in the country's economy.
Note: Industry is a subset of the economy, representing specific sectors of economic activity, while economy encompasses all economic activities within a region or country.
Economy expressions, common phrases
Cutting corners
To do something in the cheapest or easiest way possible, often sacrificing quality or safety.
Example: The company was accused of cutting corners to save money on production costs.
Note: This phrase does not directly refer to the economy but implies a cost-saving measure.
Tighten one's belt
To reduce spending or live in a more frugal manner due to financial difficulties.
Example: During the economic downturn, many families had to tighten their belts and cut back on expenses.
Note: This idiom refers to personal finances rather than the broader concept of the economy.
Belt-tightening
Actions taken to reduce spending and save money, especially during tough economic times.
Example: The government announced a series of belt-tightening measures to address the budget deficit.
Note: Similar to 'tighten one's belt,' this phrase focuses on cost-cutting measures.
In the red
To be in debt or operating at a financial loss.
Example: The company has been operating in the red for the past two quarters, indicating financial losses.
Note: This phrase specifically refers to financial deficits rather than the overall economy.
Penny-pinching
Being excessively frugal or unwilling to spend money.
Example: My grandmother is known for her penny-pinching ways, always looking for ways to save money.
Note: While related to economic behavior, this phrase is more about personal spending habits.
Make ends meet
To have enough money to cover basic expenses; to manage financially.
Example: With the rise in living costs, it's becoming harder for many families to make ends meet.
Note: This phrase focuses on individual financial stability rather than the broader economic situation.
Boom and bust
To experience alternating periods of economic prosperity and decline.
Example: The real estate market is characterized by periods of boom and bust, with prices soaring and crashing unpredictably.
Note: This phrase highlights the cyclical nature of economic fluctuations.
Economy everyday (slang) expressions
Ripple effect
Refers to the spread of an economic impact from one sector to another.
Example: The increase in gas prices had a ripple effect on the economy, causing a rise in transportation costs.
Note: The original word 'ripple' refers to a small wave or series of waves on the surface of water, while 'ripple effect' in economics signifies the spreading impact of an initial event.
Black market
Refers to the illegal trade of goods or services outside of regular or controlled channels.
Example: Some people turn to the black market to buy goods at lower prices during economic crises.
Note: The original word 'black' signifies something illegal, while 'black market' specifically relates to illegal economic activities.
Bottom line
Refers to the final or ultimate outcome, especially in financial terms.
Example: The company's bottom line improved after implementing cost-cutting measures.
Note: Originally, 'bottom line' refers to the actual or literal bottom of a financial statement, but in slang, it denotes the overall result or conclusion.
Bubble burst
Refers to the sudden collapse or decline of an economic bubble, usually associated with an asset or market.
Example: The housing market bubble burst in 2008, leading to a major economic recession.
Note: The original word 'bubble' refers to a spherical body of gas within a liquid, while 'bubble burst' signifies the abrupt end or collapse of a financial bubble.
Silver lining
Refers to a positive aspect or hope that emerges from a negative situation.
Example: Despite the economic downturn, the silver lining was that more people turned to entrepreneurship.
Note: Originally, 'silver lining' describes the thin strip of bright metal that can sometimes be seen around the edge of a cloud, while in slang, it symbolizes finding a positive outcome in adversity.
Rolling in dough
Refers to having a lot of money, usually earned through successful business ventures or windfalls.
Example: After his successful investment, he was rolling in dough and could afford a luxurious lifestyle.
Note: The original word 'dough' simply denotes a thick, malleable mixture of flour and liquid for baking, while 'rolling in dough' slangily indicates being extremely wealthy.
Cash cow
Refers to a reliable and profitable source of income or revenue.
Example: The tech industry became a cash cow for many companies, generating massive profits.
Note: The original words 'cash' and 'cow' separately mean money and a female bovine, respectively, but together as slang, 'cash cow' denotes a lucrative income stream.
Economy - Examples
The economy is growing.
경제가 성장하고 있습니다.
The government is implementing new economic policies.
정부가 새로운 경제 정책을 시행하고 있습니다.
The current economic situation is challenging.
현재 경제 상황이 도전적입니다.
Economy grammar
Economy - Noun (Noun) / Noun, singular or mass (Noun, singular or mass)
Lemma: economy
Conjugations
Adjective (Adjective): economy
Noun, plural (Noun, plural): economies, economy
Noun, singular or mass (Noun, singular or mass): economy
Syllables, Separation and Stress
economy Contains 3 syllables: econ • o • my
Phonetic transcription: i-ˈkä-nə-mē
econ o my , i ˈkä nə mē (The red syllable is stressed)
Economy - Importance and usage frequency
The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000.
economy: 800 - 900 (Extremely common).
This importance index helps you focus on the most useful words during your language learning process.
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