You searched for: “austerity
austerity (s) (noun), austerities (pl)
A tightened economy characterized by shortages: The state of austerity or deficit-cutting in a country is marked by or requires lower spending and/or higher taxes.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 2)
Severity of manner, life, etc.; sternness; rigorous self denial. (1)
Pertaining to economic policies by which governments reduce the amount of money they spend for welfare, retirements, public wages, etc. (1)
Word Entries containing the term: “austerity
Greece consensus elusive on austerity package
consensus:
elusive:
austerity package: