- austerity measures UK US noun [plural] ECONOMICS, GOVERNMENT► official action by a government to reduce the amount of money it spends, or the amount of money that people in a country spend: »
The government has imposed harsh economic austerity measures to contain the crisis.»
Austerity measures announced today include a €5 bn cut to the welfare budget.
Financial and business terms. 2012.
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austerity — aus‧ter‧i‧ty [ɔːˈsterti, ɒ ǁ ɒː ] noun [uncountable] ECONOMICS bad economic conditions in which people do not have much money to spend: • her childhood memories of war time austerity * * * austerity UK US /ɒsˈterəti/ noun [U] ► ECONOMICS,… … Financial and business terms
Austerity — A state of reduced spending and increased frugality in the financial sector. Austerity measures generally refer to the measures taken by governments to reduce expenditures in an attempt to shrink their growing budget deficits. Austerity measures… … Investment dictionary
Austerity — In economics, austerity is when a national government reduces its spending in order to pay back creditors. Austerity is usually required when a government s fiscal deficit spending is felt to be unsustainable. Development projects, welfare… … Wikipedia
austerity — aus|ter|i|ty [o:ˈsterıti, ɔ US o: ] n plural austerities 1.) [C usually plural, U] bad economic conditions in which people do not have much money to spend ▪ a time of great austerity after the war ▪ the austerities of post communist Eastern… … Dictionary of contemporary English
austerity — aus|ter|i|ty [ ɔ sterəti ] noun uncount 1. ) an economic policy by which a government reduces the amount of money it spends by a large amount: austerity measures/policies/programs 2. ) a situation in which economic conditions are bad and people s … Usage of the words and phrases in modern English
austerity — UK [ɔːˈsterətɪ] / US [ɔˈsterətɪ] noun [uncountable] 1) an economic policy by which a government reduces the amount of money it spends by a large amount austerity measures/policies/programmes 2) a situation in which economic conditions are bad and … English dictionary
Austerity in Israel — Austerity in Israel: From 1949 to 1959, the state of Israel was, to a varying extent, under a regime of austerity ( he. צנע, Tzena ), during which rationing and similar measures were enforced.RationaleShortly after its establishment in 1948, the… … Wikipedia
austerity — noun ADJECTIVE ▪ post war, wartime (esp. BrE) ▪ economic, fiscal (esp. AmE) AUSTERITY + NOUN ▪ measures, plan, p … Collocations dictionary
conspicuous austerity — (kawn.SPIK.yoo.us AWS.tair.uh.tee) n. 1. Spending large quantities of money on goods and services that convey an image of simplicity or austerity. 2. A lifestyle in which a person openly and deliberately uses goods and services that convey a… … New words
2010–2011 Greek protests — Part of the European sovereign debt crisis and the impact of the Arab Spring … Wikipedia