austerity

UK: ɒˈsterəti | US: ɔːˈsterəti

Definition
  1. n. sternness or severity of manner or attitude

  2. n. extreme plainness and simplicity of style or appearance

  3. n. (economics) policies aimed at reducing government budget deficits through spending cuts or tax increases

Structure
auster <stern, harsh>ity <noun suffix>
Etymology

Derived from Latin austerus (meaning "harsh, severe"), which traces back to Greek austēros (originally describing a rough or bitter taste, later extended to character or style). The suffix -ity (from Latin -itas) forms abstract nouns indicating a state or quality. The word evolved from literal harshness to metaphorical strictness, eventually entering economic terminology to describe fiscal strictness.

Examples
  1. The austerity of his upbringing left him with a disciplined work ethic.

  2. The architect chose austerity in design, favoring clean lines over ornamentation.

  3. Many citizens protested the government's austerity measures during the recession.

  4. Her face bore an expression of grim austerity.

  5. The monastery's austerity reflected its commitment to spiritual simplicity.