Source : Webster's Revised Unabridged Dictionary (1913)

Modernity \Mo*der"ni*ty\, n.
   Modernness; something modern. --Walpole.

Source : WordNet®

modernity
     n : the quality of being current or of the present; "a shopping
         mall would instill a spirit of modernity into this
         village" [syn: {modernness}, {modernism}, {contemporaneity},
          {contemporaneousness}]