Scarcity

//ˈskɛɹsɪti// noun

Definitions

Noun
  1. 1
    The condition of something being scarce or deficient. uncountable

    "Praise […] owes its value only to its scarcity."

  2. 2
    a small and inadequate amount wordnet
  3. 3
    An inadequate amount of something; a shortage. countable

    "a scarcity of grain"

Etymology

From Old Northern French escarcete; by surface analysis, scarce + -ity.

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