austerity austerity  /ˌɔ ˈstɛ rɪ ti/

Definition(s):

  • (n) the trait of great self-denial (especially refraining from worldly pleasures)

Synonym(s)

Usage(s):

  1. America's victory in the war signaled an end to austerity.
  2. It's not just austerity as an aesthetic.
  3. Everywhere, Russians are losing faith that austerity and IMF aid will end the pain.

News

  1. Spanish austerity cuts put lives at risk, study finds

    By Kate Kelland LONDON (Reuters) - Austerity cuts in Spain could lead to the effective dismantling of large parts of its healthcare system and significantly damage the health of the population, according to a study published on Thursday. Researchers who analyzed the situation warned that if nothing was done to reverse the trend, Spain risked spiraling health problems and could see increases in ...
    on June 13, 2013     Source: Reuters via Yahoo! News

  2. Austerity cuts to Spanish healthcare system are 'putting lives at risk'

    ( London School of Hygiene & Tropical Medicine ) A series of austerity reforms made by the Spanish government could lead to the effective dismantling of large parts of the country's healthcare system, with potentially detrimental effects on the health of the Spanish people, according to new research from the London School of Hygiene & Tropical Medicine.
    on June 13, 2013     Source: EurekAlert!

  3. Harper Joins Cameron Galvanizing G-8 Austerity Alliance

    Canada and the U.K. are seeking to galvanize an austerity alliance within the Group of Eight amid mounting pressure to ease up on the spending-cut strategy.
    on June 13, 2013     Source: Bloomberg

Quotes

  1. The June 7 New York Times article "Cameron Warns Britons of Austerity" quotes the new prime minister of Great Britain, David Cameron, in a speech, saying that Britain's financial situation was "even worse than we thought. : How we deal with...
    on Jun 20, 2010 By: David Cameron Source: Winston-Salem Journal

  2. "I have made it clear that we need sustainable growth and that growth and intelligent austerity measures don't have to be contradictions," Merkel said. "The discussion was not controversial; there was a lot of mutual understanding."
    on Jun 25, 2010 By: Angela Merkel Source: Toronto Star

  3. "Any attempt to press ahead with austerity plans will look like a political project to remodel Britain rather than an economic necessity," Barber said.
    on Jun 14, 2010 By: Brendan Barber Source: The Associated Press

Word of the Day
repudiate repudiate
/ri ˈpju di ˌeɪt /