by cringe terminator June 6, 2019
Get the Absternity mug.(ECONOMICS) when a government has to restructure spending by massively cutting social programs, development programs, and subsidies on basic necessities. Often accompanied by taxes increases, especially on lower incomes (since the poor cannot escape tax hikes).
Usually we use the term "austerity program" when the government in question has to backtrack on its ideological commitments. An example of this is France, after June 1982. The Socialist government of Mitterrand had just implemented a raft of major new social welfare programs, and was promptly forced to cut everything back when the deficit ballooned.
by Abu Yahya May 5, 2010
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The trend of shunning ostentatious displays of wealth in favour of frugal spending which you will brag about to all your friends whether you are affected by the recession or not
She won't buy organic food anymore - she says it's such as luxury - she nows shop at wal-mart for everything which is so austerity chic.
by sheikh bob frank May 6, 2009
Get the austerity chic mug.transitive verb
1: To drive or punish one's ass by whipping; but without the force necessary to fully regret the act.
2: Atonement in a half assed way
1: To drive or punish one's ass by whipping; but without the force necessary to fully regret the act.
2: Atonement in a half assed way
Mary: "Did you hear what Brad did to Angelina?"
Genivieve: "No, but i bet he'll asternithin himself to get back with her!"
Sarah: "Oh my GOD! Did you hear how Bill crawled back to Hillary?"
Elizabeth: "Ha! I Bet he just went through Asternithin to get out of paying alimony."
Genivieve: "No, but i bet he'll asternithin himself to get back with her!"
Sarah: "Oh my GOD! Did you hear how Bill crawled back to Hillary?"
Elizabeth: "Ha! I Bet he just went through Asternithin to get out of paying alimony."
by Tardis Chaser June 2, 2009
Get the Asternithin mug.by Kyhin September 21, 2019
Get the Arternity mug.I got an austerity recompense of Knicks tickets from that old guy because I didn't hook up with that girl he's macking on. Suhweet.
by madrastrans January 15, 2011
Get the austerity recompense mug.by Lbowmonster November 29, 2011
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