WordReference Random House Learner's Dictionary of American English © 2019
scar•ci•ty /ˈskɛrsəti/USA pronunciation  n., pl.  -ties. 
  • shortness of supply: [countable]a scarcity of low-income housing.[uncountable]Scarcity causes prices to rise.

  • WordReference Random House Unabridged Dictionary of American English © 2019
    scar•ci•ty  (skârsi tē),USA pronunciation n., pl.  -ties. 
    1. insufficiency or shortness of supply;
    2. rarity;
    • Old North French escarsete. See scarce, -ity
    • Middle English scarsete(e) 1300–50
      • 1.See corresponding entry in Unabridged shortage, want, lack, paucity.

    Collins Concise English Dictionary © HarperCollins Publishers::

    scarcity /ˈskɛəsɪtɪ/ n ( pl -ties)
    1. inadequate supply; dearth; paucity
    2. rarity or infrequent occurrence

    'scarcity' also found in these entries:
    Collocations: the scarcity of [jobs, opportunities, funds, resources, water, food, land], [job] scarcity, a [consequence, result] of [job] scarcity, more...

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