word
Business
API Economy
ay-pee-eye ih-KON-oh-mee
/eɪ piː aɪ ɪˈkɒnəmiː/Listen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
apieconomy
Dictionary meaning
An ecosystem in which organizations expose their products and services through APIs, enabling other businesses to build on top of them and creating new revenue streams
Examples
- Stripe's success exemplifies the API economy — businesses worldwide integrate payment capabilities via its API.
Pronunciation tips
API stands for Application Programming Interface. Say each letter: 'ay-pee-eye'.
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