scarcity

noun — 2 senses

scarcity

noun

US /ˈskɛɹsɪti/ · UK /ˈskɛəsɪti/

Etymology Inherited from Middle English scarsite, from Old Northern French escarsete; by surface analysis, scarce + -ity.

1

The condition of something being scarce or deficient.

  • Praise […] owes its value only to its scarcity.July 6, 1751, Samuel Johnson, The Rambler No. 136
  • To understand the events of the next fifty years, then, one must understand environmental scarcity, cultural and racial clash, geographic destiny, and the transformation of war.1994 February, Robert D. Kaplan, “The Coming Anarchy”, in The Atlantic:
2

An inadequate amount of something; a shortage.

  • a scarcity of grain
  • The crucial and intersecting challenges of scarcities, both emerging and intensifying, will consume China’s custodians over the next decade.2013 September 24, Damien Ma, William Adams, “China's Next Great Challenge: Scarcity”, in The Atlantic:
Synonyms
infrequency, rareness, rarity, dearth, deficiency, lack, penury, want
Antonyms
frequency, commonness, abundance, copiousness
Derived terms
artificial scarcity, digital scarcity, postscarcity, root of scarcity

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.