economically
Pronunciation: [ɪˈkɒnəmɪkli]
Word
Context: “finance”
(adverb) in a way that relates to economics or money, often showing that something is being done in a cost-effective manner. When you do something economically, you use your money wisely and save as much as you can.
Example
She managed to run her business economically, which helped her save money for future projects.
Example
He wasn't thinking economically when he bought the newest phone without comparing prices first.
Example
Are we spending our budget economically this month?
Context: “resource use”
(adverb) in a way that uses resources wisely or efficiently. This means making the best use of things like time, materials, or energy to avoid waste.
Example
They designed the new park to be economically friendly, using less water and electricity.
Example
The old machines don't work economically, wasting lots of energy and causing higher costs.
Example
How can we use our resources more economically in the project?
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