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austerity

C2
Fairly common

Pronunciation

UK

  • /ɔːstˈɛrɪti/

US

  • /ˌɔˈstɛrɪti/

Meanings

Noun

  1. a policy of strict budget restraint and reduced public spending

  2. severe plainness or a lack of comfort, luxury, or ornament

  3. stern strictness or self-denial in manner, conduct, or way of life

Beyond the definition

Imagine a time when resources are scarce—maybe after a long winter, or during an economic downturn. That's where "austerity" comes in. It describes a state of enforced simplicity and self-discipline, often involving cuts to spending and public services. Think of it as tightening your belt and living with less. Historically, austerity was linked to religious or philosophical ideals emphasizing self-denial, but today it is most commonly used in the context of government economic policy. A country might implement "austerity measures"—like reducing healthcare budgets or raising taxes—to try to reduce debt. It's rarely pleasant, but often seen as a necessary evil.

Examples

  1. 1

    Government policy

    The new government promised austerity after the budget deficit grew too large.

  2. 2

    Public services

    Hospitals and schools were hit hard by the latest austerity measures.

    • Phraseausterity measures

      official cuts in public spending

  3. 3

    Economic hardship

    After years of austerity, many families had little faith that the economy was improving.

  4. 4

    Personal lifestyle

    He lived with an almost monk-like austerity, owning only a bed, a table, and a few books.

More examples
  1. 5

    Interior style

    The apartment's white walls and bare floors gave it a sense of austerity.

See also

Similar

Shades of meaning

  • fiscal consolidation
  • deficit reduction
  • spending restraint

Contrast

Used with (collocations)

  • austerity measures
  • austerity program
  • impose austerity
  • years of austerity

Word family

Explore

  • public finance
  • welfare state

Forms and spellings

2 forms open this card.

Main spelling

  • austeritynoun

Forms

  • austeritiespluralnoun