austerity
97
7.4
- noun
- /ɔːˈstɛrɪti/
- Literature
:
austeridad
- The British policing, all that austerity, you know, people knew what was coming down the line.
- austerity measures
- fiscal austerity
- austerity program
The Troika, their version of austerity is falling on the private sector.
- The Troika, their version of austerity is falling on the private sector.
- So I don't see the connection between partisanship and fiscal austerity that others do.
- Nobody really challenged her and what she decided to do because of austerity is to cut policing.
- Whether or not they believe that that wealth will genuinely trickle down, that has proved that austerity was a lie.
- Seems he wanted also to say money, and he was of course working in an age of austerity, Second World War and immediate aftermath.
- They were six when austerity happened.
- So you say it's all that all down to austerity.
- And so when we feel austerity coming on, we tend to become more tribal.
- So sometimes surpluses, but it was always because Germany was applying austerity on investments.
Examples
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Deputy Speaker, the reality is whatever the Chancellor claims today, austerity is not over.
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The food price hikes came during a period of economic austerity and social unrest.
Academic text (1992) -
Six years of government austerity has failed.
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But I would have wanted to to go for more reform and less austerity, giving us more time for the changes.
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It's the end of austerity.
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Basically either way, the financial markets are going to enforce austerity again on you by your government.
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As early as 1978, Turkey had adopted new austerity measures to cope with the economic crisis.
Academic text (1992) -
To counter inflation, a strong austerity program was adopted, but it slowed economic growth and increased unemployment.
Academic text (1990) -
In the end, Peru had little alternative but to accept IMF prescriptions and austerity measures.
Academic text (1994) -
The Greek government has signed off on a new round of austerity measures in exchange for another bailout.
Synonyms
15
7.0
A government action that cuts public spending or raises taxes to reduce debt
2
8.1
A cut in spending by a business or government to save money
Antonyms
Compounds
- Formal
15
7.0
A government action that cuts public spending or raises taxes to reduce debt
How Restrictive
Surface Forms
Morphology
Etymology
Austerity comes from an old Latin word austerus meaning 'severe' and is related to the adjective austere. A helpful way to remember the economic meaning is to picture a government cutting spending and making life tighter, so austerity means strict budget cuts and fewer public services.