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oikonomia οἰκονομία oikonomia

The management of a HOUSEHOLD — oikos, 'house', + nomos, 'law, order'; the running of an estate by a steward (oikonomos), and by extension an ordered PLAN or administration. It is the source of English 'economy'. ⚠ At 1 Timothy 1:4 it is God's oikonomia 'in faith' — his ordered arrangement, received by trust — set against speculation that builds nothing; a large part of the later manuscript tradition instead reads oikodomia, 'edifying' (one letter different), which the KJV followed with 'godly edifying'. Paul uses the word of the 'stewardship of God's grace' given to him (Ephesians 3:2) and of the plan 'to gather up all things in Christ' (Ephesians 1:10) — an administration of history, not merely of a house. → first discussed at 1 Timothy 1:4