/ Dictionary / Index C countereconomy: Meaning and Definition of Find definitions for: coun•ter•e•con•o•my Pronunciation: (koun"tur-i-kon'u-mē), [key] — pl. -mies. an economy operating simultaneously with or in opposition to the established economic system. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. counterearth counter electromotive force Related Content Daily Word Quiz: paradox Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language