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austerity

 

Definitions from WordNet

Noun austerity has 1 sense
  1. austerity, asceticism, nonindulgence - the trait of great self-denial (especially refraining from worldly pleasures)
    --1 is a kind of self-discipline, self-denial
    --1 has particulars: monasticism

Definitions from the Web

Austerity

Definition:

(noun) The practice or policy of reducing expenses, usually in terms of government spending or personal consumption, in order to achieve financial discipline or balance.

Sample Sentences:

  • The country implemented a series of austerity measures to overcome the economic crisis.
  • During times of hardship, practicing austerity can help individuals save money and maintain stability.
  • The government's decision to impose austerity led to widespread protests and social unrest.

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