/ Dictionary / Index A austerity: Meaning and Definition of Find definitions for: aus•ter•i•ty Pronunciation: (ô-ster'i-tē), [key] — pl. -ties. austere quality; severity of manner, life, etc.; sternness. Usually,ascetic practices: austerities of monastery life. strict economy. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: austerity (Thesaurus) austere Austerlitz Related Content Daily Word Quiz: eccentric Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language