austerity
noun
aus·ter·i·ty
ȯ-ˈster-ə-tē
-ˈste-rə-,
also -ˈstir-ə-
plural austerities
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
a series of austerity measures [=measures taken to reduce spending]
3
a
: an austere act, manner, or attitude
monastic self-denial and austerities
b
: an ascetic (see ascetic sense 1) practice
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Merriam-Webster unabridged
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