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In the Eastern Orthodox Church, Catholic Church, and in the teachings of the Church Fathers which undergirds the theology of those communions, economy or oeconomy has several meanings. The basic meaning of the word is "handling" or "disposition" or "management" of a thing, or more literally "housekeeping", usually assuming or implying good or prudent handling of the matter at hand. In short, economia is a discretionary deviation from the letter of the law in order to adhere to the spirit of the law and charity. This is in contrast to legalism, or akribia, which is strict adherence to the letter of the law of the church.
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