Meaning of the word penury in English

What does penury mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

penury

US /ˈpen.jʊr.i/
UK /ˈpen.jə.ri/

Noun

the state of being very poor; extreme poverty

Example:
Many families in the region live in extreme penury.
After losing his job, he was reduced to penury.
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