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Definitions

austerity

[aw-ster-i-tee] / ɔˈstɛr ɪ ti /




Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He has implemented major austerity measures — including more than 1,000 layoffs last year — to shore up a gaping budget deficit.

From Los Angeles Times

With more dollars available, lenders could expand loans and export credit, boosting growth and easing some of the pain from the government’s austerity measures.

From The Wall Street Journal

There were protests as the government introduced austerity measures to try to balance the books.

From BBC

Today, leaders have learnt that austerity isn’t just unpopular but has also led to weak militaries and crumbling infrastructure.

From The Wall Street Journal

Like southern European neighbour Portugal, and Greece, Spain has rebounded from harsh austerity measures and heavy debt in the early 2010s, with a tourism rebound following the Covid-19 pandemic playing an important role.

From Barron's