Austerity: meaning, definitions and examples
๐ฐ
austerity
[ ษหstษrษชti ]
economic policy
Austerity is a set of policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. It is often implemented during times of economic hardship to restore fiscal balance.
Synonyms
belt-tightening, budget cuts, fiscal discipline
Examples of usage
- A country may adopt austerity measures to tackle a growing national debt.
- The government imposed austerity on public services to control inflation.
- The austerity program led to protests and strikes across the country.
lifestyle
Austerity can also refer to a way of living that is characterized by simplicity, frugality, and self-discipline. It often involves avoiding luxury or unnecessary expenses.
Synonyms
frugality, self-discipline, simplicity
Examples of usage
- She chose a life of austerity, preferring minimalism over materialism.
- His commitment to austerity allowed him to save money for future investments.
Translations
Translations of the word "austerity" in other languages:
๐ต๐น austeridade
๐ฎ๐ณ เคเค เฅเคฐเคคเคพ
๐ฉ๐ช Sparsamkeit
๐ฎ๐ฉ penghematan
๐บ๐ฆ ััะฒะพััััั
๐ต๐ฑ surowoลฤ
๐ฏ๐ต ๅณใใ (ใใณใใ)
๐ซ๐ท austรฉritรฉ
๐ช๐ธ austeridad
๐น๐ท kemer sฤฑkma
๐ฐ๐ท ๊ธด์ถ
๐ธ๐ฆ ุชูุดู
๐จ๐ฟ pลรญsnost
๐ธ๐ฐ prรญsnosลฅ
๐จ๐ณ ็ดง็ผฉ (jวnsuล)
๐ธ๐ฎ strogost
๐ฎ๐ธ strangleiki
๐ฐ๐ฟ าะฐัะฐาฃะดัา
๐ฌ๐ช แกแแแแแชแ แ
๐ฆ๐ฟ sษrtlik
๐ฒ๐ฝ austeridad
Etymology
The word 'austerity' originated from the Latin word 'austeritas', which means harshness or severity. It first appeared in English in the 14th century with the meaning of sternness or severity in appearance or manner. Over time, the term evolved to encompass the modern economic and lifestyle meanings we associate with it today.
See also: austere.