''Oikonomia''''' ( also spelled '''oikonomeia''', '''economia''' or ''' economy''') literally means "household management," the "law of the house," or "house building," and refers primarily to two related concepts in the Orthodox Church—the divine plan for man's salvation and the specific [[bishop|episcopal]] application of the [[canons]] in the life of the Church. The latter usage is a derivation of the former.
Oikonomia is one of two ways of observing the Canons of the Church, the other is ''' Akriveia''' or strict adherence (precision, exactness). Whereas the application of '''Oikonomia''' is generally regarded as being a more flexible application or interpretation of the Canons, the application of '''Akriveia''' is regarded as being a more precise and strict one. '''Pastoral Discretion''' is of key importance in either application.