Austerity definitions

ô-stĕr'ĭ-tē
The definition of austerity refers to being strict, serious, and inflexible, or to being very moral and refraining from carnal pleasures.

A very strict teacher would be an example of a person with austerity.

The puritan way of life with few luxuries and a strong moral code is an example of a life of austerity.

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The quality of being austere.
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Severe and rigid economy.

Wartime austerity.

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An austere habit or practice.
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The quality or condition of being austere.
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An austere act, habit, practice, or manner.
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Tightened economy, as because of shortages of consumer goods.
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Severity of manners or life; extreme rigor or strictness; harsh discipline.
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Freedom from adornment; plainness; severe simplicity.
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(economics) A policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both.
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Origin of austerity

From Old French austerité (“harshness, severity”), from Latin austēritās (“harshness, sourness”). See austere.