Source : Webster's Revised Unabridged Dictionary (1913)

Degeneracy \De*gen"er*a*cy\, n. [From {Degenerate}, a.]
   1. The act of becoming degenerate; a growing worse.

            Willful degeneracy from goodness.     --Tillotson.

   2. The state of having become degenerate; decline in good
      qualities; deterioration; meanness.

            Degeneracy of spirit in a state of slavery.
                                                  --Addison.

            To recover mankind out of their universal corruption
            and degeneracy.                       --S. Clarke.

Source : WordNet®

degeneracy
     n 1: the state of being degenerate in mental or moral qualities
          [syn: {degeneration}, {decadence}, {decadency}]
     2: moral perversion; impairment of virtue and moral principles;
        "the luxury and corruption among the upper classes";
        "moral degeneracy followed intellectual degeneration";
        "its brothels; its opium parlors; its depravity" [syn: {corruption},
         {depravity}]