
Penury
Economic Hardship
Use 'penury' to describe situations of severe financial difficulty, often long-lasting.
He wrote his masterpiece while living in penury.
Not Temporary
'Penury' usually implies a chronic condition, not just a momentary lack of funds.
The novelist spent most of his life struggling against penury.
Human Context
Often used to describe the state of people or populations, not companies or entities.
The new policy could leave thousands in penury.
Compare with
BankruptcyDestituteImpoverishInsolvencyPoverty
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