the principle of economy definition, the principle of economy meaning | English dictionary

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Ockham's razor

  
, Occam's razor  
      n   a maxim, attributed to William of Ockham, stating that in explaining something assumptions must not be needlessly multiplied,   (Also called)    the principle of economy         
English Collins Dictionary - English Definition & Thesaurus  
Collins

principle

  
1    assumption, axiom, canon, criterion, dictum, doctrine, dogma, ethic, formula, fundamental, golden rule, law, maxim, moral law, precept, proposition, rule, standard, truth, verity  
2    attitude, belief, code, credo, ethic, morality, opinion, tenet  
3    conscience, integrity, morals, probity, rectitude, scruples, sense of duty, sense of honour, uprightness  
4    in principle      ideally, in essence, in theory, theoretically  

English Collins Dictionary - English synonyms & Thesaurus  

Collaborative Dictionary     English Definition
n.
rules concerning what people are owed to or allowed of, according to ethical principles of freedom and applied in society
n.
business linked to the Internet but also to traditional economy
INTERNET
n.
unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective.
exp.
manufactured according to fair trade principles: équitablement fabriqué?
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