Meanings
- uncountableA business model in which a product is offered free of charge and supported by sales of a premium version.
Well, today more and more Web companies are using digital technology and the principles of freeconomics to make profits by giving something away free of charge.
2014, Irvin Tucker, Survey of Economics, →ISBN, page 1292 more examples
Much attention has been devoted to the concept of freeconomics, most notably the recent book by Wired magazine editor Chris Anderson entitled, "Free: The future of a radical price." Most consumer-level cloud offerings would be labeled a "freemium", which is a free version that is supported by a paid, premium version.
2010, Khaled Elleithy, Tarek Sobh, Magued Iskander, Technological Developments in Networking, Education, and Automation, →ISBN, page 3Isn't the concept of freeconomics founded on the power of a zero price? Unfortunately, freeconomics does not insulate entrepreneurs from the path that is inherent to any new business: a fragile endeavor with limited financial resources, crowded markets, and the need to get one's idea out so that it becomes widely known.
2011, Nicolas Pujol, The Mind Share Market: The Power of an Alternative Currency, →ISBNSynonyms: freemium
Synonyms & antonyms
nounA business model in which a product is offered free of charge and supported by sales of a premium version.
Origin
Cite this entry
freeconomics. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/freeconomics
“freeconomics.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/freeconomics. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “freeconomics,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/freeconomics.
Source: freeconomics on Wiktionary, CC BY-SA 4.0.