åtstramning — meaning in English
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English meaning
- austerity noun Extreme plainness and self-discipline, with no luxuries.
Senses
åtstramning is used for these senses in English:
- austerity (economics) A policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both.
austerity — full definition
- noun Extreme plainness and self-discipline, with no luxuries.
- noun A government policy of cutting spending or raising taxes to reduce a deficit.