'Scarcity' definitions:

Definition of 'scarcity'

From: WordNet
noun
A small and inadequate amount [syn: scarcity, scarceness] [ant: abundance, copiousness, teemingness]

Definition of 'Scarcity'

From: GCIDE
  • Scarceness \Scarce"ness\, Scarcity \Scar"ci*ty\, n. 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. --Chaucer. [1913 Webster]
  • A scarcity of snow would raise a mutiny at Naples. --Addison. [1913 Webster]
  • Praise . . . owes its value to its scarcity. --Rambler. [1913 Webster]
  • The value of an advantage is enhanced by its scarceness. --Collier. [1913 Webster]
  • Syn: Deficiency; lack; want; penury; dearth; rareness; rarity; infrequency. [1913 Webster]