úspornost — meaning in English

English meaning

• austerity noun Extreme plainness and self-discipline, with no luxuries.
• economy noun The system of production, trade, and consumption within a country, region, or community.
• parsimony noun Great reluctance to spend money unnecessarily.

Senses

úspornost is used for these senses in English:

• austerity (economics) A policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both.
• economy Frugal use of resources.
• parsimony (by extension) The quality or characteristic of using the fewest resources or explanations to solve a problem.

austerity — full definition

1. noun Extreme plainness and self-discipline, with no luxuries.
2. noun A government policy of cutting spending or raising taxes to reduce a deficit.

economy — full definition

1. noun The system of production, trade, and consumption within a country, region, or community.
2. noun Careful or frugal use of money or resources.
3. noun The cheaper class of seating on a plane or train.

Related Czech words