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The Collaborative International Dictionary
Rancidity

Rancidity \Ran*cid"i*ty\ (r[a^]n*s[i^]d"[i^]*t[y^]), n. [Cf. F. rancidit['e].] The quality or state of being rancid; a rancid scent or flavor, as of old oil.
--Ure.

Wiktionary
rancidity

n. The state of being rancid.