Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing …

The meaning of AUSTERITY is the quality or state of being austere. How to use austerity in a sentence.

Sep 5, 2025 · Austerity involves economic policies that governments implement to control public sector debt. When debt threatens a government's financial stability, austerity measures can help restore...

austerity, a set of economic policies, usually consisting of tax increases, spending cuts, or a combination of the two, used by governments to reduce budget deficits.

Austerity is a situation in which people's living standards are reduced because of economic difficulties. ...an economic austerity programme. ...the years of austerity which followed the war. If you refer to …

AUSTERITY definition: 1. the condition of living without unnecessary things and without comfort, with limited money or…. Learn more.

Jan 21, 2025 · Austerity is a set of economic policies aimed at reducing government budget deficits through spending cuts, tax increases, or a combination of both. Typically implemented during times …

Definition of austerity noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

Aug 5, 2024 · Austerity refers to the cutting of public expenditures—such as in the realms of education, healthcare, infrastructure, and social services—in order to improve a country’s economic standing.

1. The quality of being austere. 2. Severe and rigid economy: wartime austerity. 3. An austere habit or practice.