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Economy (Eastern Orthodox Church)
In the Eastern Orthodox Church, economy (economia) is a bishop's discretionary power to dispense with church standards (or "canons", as they are called) that a parish priest would otherwise be required to follow. Often it amounts to retroactive recognition granted to sacraments performed in heterodox churches when a person converts to Orthodoxy, or in Orthodox jurisdictions with which the bishop's jurisdiction is not in full communion.
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