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Penury

usgb/ˈpenjəri/Volume
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Economic HardshipPlay
Use 'penury' to describe situations of severe financial difficulty, often long-lasting. SlideHe wrote his masterpiece while living in penury.
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Not TemporaryPlay
'Penury' usually implies a chronic condition, not just a momentary lack of funds. SlideThe novelist spent most of his life struggling against penury.
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Human ContextPlay
Often used to describe the state of people or populations, not companies or entities. SlideThe new policy could leave thousands in penury.