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Definition of scarcity:

  1. 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.

Synonyms:

poverty, lack, want, failure, scattering, crunch, rarity, excess, poverty, scarceness, deficit, scantness, hairsbreadth, few, defect, lacuna, group, minority, underage, scantiness, drought, lack, famine, one or two, inadequacy, shortcoming, undersupply, inadequateness, shortfall, shortage, inadequacy, deficiency, pinch.

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