SuaviloquyToday’s word

penury

Penury, n.

Etymology: [L. penuria; cf. Gr. pénurie.]

1. Absence of resources; want; privation; indigence; extreme poverty; destitution. "A penury of military forces." Bacon. They were exposed to hardship and penury. Sprat. It arises in neither from penury of thought. Landor.

2. Penuriousness; miserliness. [Obs.] Jer. Taylor.

Shades of meaning

Fernald has no entry of its own for penury; he lists it under poverty.

Where he writes about it:

Poverty denotes strictly lack of property or adequate means of support, but in common use is a relative term denoting any condition below that of easy, comfortable living; privation denotes a condition of painful lack of what is useful or desirable, tho not to the extent of absolute distress; indigence is lack of ordinary means of subsistence; destitution is lack of the comforts, and in part even of the necessaries of life; penury is especially cramping poverty, possibly not so sharp as destitution, but continuous, while that may be temporary; pauperism is such destitution as throws one upon organized public charity for support; beggary and mendicancy denote poverty that appeals for indiscriminate private charity. — from poverty