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Austerity Definition & Meaning - Merriam-Webster
1. : the quality or state of being austere: such as. a. : a stern and serious quality. the formal austerity of his manner. b. : a plain and simple quality. the austerity of the design. 2. : enforced or extreme economy especially on a national scale. lived through years of austerity after the war. fiscal austerity.
AUSTERITY | English meaning - Cambridge Dictionary
the condition of living without unnecessary things and without comfort, with limited money or goods, or a practice, habit, or experience that is typical of this: The wartime austerity of my early years prepared me for later hardships. The austerities of life in a small rural community were not what I was used to. [ U ]
Understanding Austerity, Types of Austerity Measures, and Examples
Austerity refers to strict economic policies that a government imposes to control growing public debt, defined by increased frugality. There are three primary types of...
Austerity | Economics, Government Spending & Social Policy | Britannica ...
austerity, a set of economic policies, usually consisting of tax increases, spending cuts, or a combination of the two, used by governments to reduce budget deficits. Austerity measures can in principle be used at any time when there is concern about government expenditures exceeding government.
austerity noun - Definition, pictures, pronunciation and usage notes ...
[countable, usually plural] something that is part of a way of life that allows no pleasures and little to make life comfortable. the austerities of wartime Europe. Word Origin. See austerity in the Oxford Advanced American Dictionary. Check pronunciation: austerity. Definition of austerity noun in Oxford Advanced Learner's Dictionary.
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