uneconomic Definition
- 1not profitable or cost-effective
- 2inefficient
Using uneconomic: Examples
Take a moment to familiarize yourself with how "uneconomic" can be used in various situations through the following examples!
Example
The project was deemed uneconomic and was abandoned.
Example
The company had to shut down the factory because it was operating at an uneconomic level.
Example
The high cost of production made the venture uneconomic.
Example
The new regulations made the business model uneconomic.
uneconomic Synonyms and Antonyms
Synonyms for uneconomic
Antonyms for uneconomic
- economic
- profitable
- cost-effective
Summary: uneconomic in Brief
The term 'uneconomic' [ˌʌnˌiːkəˈnɒmɪk] describes something that is not profitable or cost-effective, often due to inefficiency. It is used to denote situations where a project, factory, or business model is not viable, as in 'The high cost of production made the venture uneconomic.' 'Uneconomic' is synonymous with 'unprofitable' and 'unremunerative,' and antonymous with 'economic' and 'cost-effective.'
