AUSTERITY noun

1
AUSTERITYnoun

• Strict economy, especially that imposed by force.
  
• Severity or sternness of appearance or
  disposition.
• Severity or strictness of discipline, especially
  moral discipline.
• The state of being bare of ornamentation or
  decoration
• Austere adjective austerely adverb

2
For two years the austerity we were required to
practice was unrelieved by even the smallest
treat.
3
DEPRECIATEverb

• a. To decrease in value.
• b. To cause to decrease in price or value.
• c. To undervalue belittle
• depreciable adjective depreciation noun

4
Our investments depreciated so quickly that we
were forced to sell at a loss.
5
EQUITYnoun

• The value of a property after subtracting the
  liabilities that can be claimed against it its
  net value
• The state of equality of being just, impartial,
  and fair.
• Something that is just, impartial, or fair.
• equitable adjective equitably adverb

6
It is possible to get a loan based on the equity
of ones house.
7
FRUGALadjective

• Avoiding the unnecessary expenditure of money
  thrifty a frugal housekeeper.
• Costing little inexpensive a frugal meal
• Frugality noun Frugally adverb

8
Even though she is a wealthy woman who owns her
own business, Ms. Clayton still keeps the frugal
habits she adopted when she was poor.
9
INDIGENTadjective

• Lacking money or resources to provide adequately
  the necessities of life needy impoverished
• indigence noun indigently adverb

10
When the refugees arrived, they were indigent,
but through hard work they soon prospered.
11
MUNIFICENTadjective

• Very generous in giving a munificent donor.
• Marked by or showing great generosity a
  munificent contribution.
• munificence noun munificently adverb

12
One alumnas munificent donation made it possible
for the college to build a new library.
13
PECUNIARYadjective

• Consisting of or having to do with money
  pecuniary motives

14
The injured workers sued the company to recover
their pecuniary losses, as well as to get
compensation for mental and physical suffering.
15
RECESSIONnoun

• A moderate and brief decline in economic
  activity.
• The act of withdrawing or going back.
• recessive adjective

16
During the last recession, the number of people
without jobs increased by nearly a million.
17
REMUNERATEverb

• To pay compensation for goods, services, or
  losses remunerated their losses.
• To pay for compensation to for goods, services or
  losses remunerated them for their time.
• remuneration noun
• remunerative adjective

18
Although he was working as a volunteer, Darrel
nevertheless expected to be remunerated in some
way.
19
SOLVENTadjective

• Capable of meeting all financial obligations,
  such as the payment of debts.
• Capable of dissolving another substance.
• Noun A liquid capable of dissolving another
  substance
• Solvency noun

20
Because the business is no longer solvent, the
store will close next week.