austerity
//ɔːˈstɛrɪti//
Noun
austeritySingular
austeritiesPlural
1
A condition of enforced or extreme economy, especially as a government policy to reduce public expenditure.
The government introduced austerity measures to reduce the national debt.
2
Sternness or severity of manner or attitude; strictness.
The teacher was known for her austerity in the classroom.
3
Plainness and simplicity in appearance, manner, or lifestyle, often involving self-denial.
The monks lived a life of austerity, with few possessions and simple meals.