scarcity: Meaning and Definition of

scar•ci•ty

Pronunciation: (skâr'si-tē), [key]
— pl. -ties.
  1. insufficiency or shortness of supply; dearth.
  2. rarity; infrequency.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also: