1
as in economy
the quality or practice of being overly sparing with money
he daily practiced such penuriousness that few would have guessed that he was one of the state's wealthiest residents
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2
as in poverty
the state of lacking sufficient money or material possessions
the abject penuriousness of so many of the city's inhabitants should be a cause for concern
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Merriam-Webster unabridged
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