1. Noun
The quality or condition of being scarce; smallness of quantity in proportion to the wants or demands; deficiency; lack of plenty; short supply; penury; as, a scarcity of grain; a great scarcity of beauties.
2. noun
A situation where there is not enough of something to meet every demand.
The condition in which available resources are limited relative to wants or needs.
3. Noun
a small and inadequate amount
Vocabulary classified under Business and finance
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