ECONOMIC CONDITION

Pronunciation (US):

 Dictionary entry overview: What does economic condition mean? 

• ECONOMIC CONDITION (noun)
  The noun ECONOMIC CONDITION has 1 sense:

1. the condition of finances

  Familiarity information: ECONOMIC CONDITION used as a noun is very rare.

 Dictionary entry details 

• ECONOMIC CONDITION (noun)

Meaning:

The condition of finances

Classified under:

Nouns denoting stable states of affairs

Synonyms:

economic condition; financial condition

Hypernyms ("economic condition" is a kind of...):

condition; status (a state at a particular time)

Attribute:

rich (possessing material wealth)

poor (having little money or few possessions)

Hyponyms (each of the following is a kind of "economic condition"):

easy money (the economic condition in which credit is easy to secure)

shakeout (a financial condition that results in the elimination of marginally financed participants in an industry)

impoverishment; poorness; poverty (the state of having little or no money and few or no material possessions)

wealth; wealthiness (the state of being rich and affluent; having a plentiful supply of material goods and money)

softness (a state of declining financial condition)

prosperity (an economic state of growth with rising profits and full employment)

full employment (the economic condition when everyone who wishes to work at the going wage rate for their type of labor is employed)

depression; economic crisis; slump (a long-term economic state characterized by unemployment and low prices and low levels of trade and investment)

credit crunch; liquidity crisis; squeeze (a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high)

insolvency (the lack of financial resources)

solvency (the ability to meet maturing obligations as they come due)

recession (the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year)

tight money (the economic condition in which credit is difficult to secure and interest rates are high)

wage setter (any financial condition or variable that serves to set wage rates)