A level of income below which people are deemed poor. A global poverty line of $1 per person per day was suggested in 1990 (World Bank 1990). This line facilitates comparison of how many poor people there are in different countries. But, it is only a crude estimate because the line does not recognize differences in the buying power of money in different countries, and, more significantly, because it does not recognize other aspects of poverty than the material, or income poverty.
The level of annual income below which a household is defined to be living in poverty. This is defined differently by different governments and institutions and, in spite of the great importance of its intent, is not in fact very meaningful.
The officially established income level that distinguishes the poor from the nonpoor. It is set at three times the cost of the Department of Agriculture's minimum food budget.
Official measure of poverty defined by national governments. In the United States the poverty line was instituted in 1967 and was based on a study that concluded that an average family spent one-third of its net income on food. Subsequently, the net cost of poverty level living was set at triple the cost of the "Economy Food Plan" deemed a subsistence diet by the U.S. Department of Agriculture.
a level of personal income defining the state of poverty
The poverty guidelines as published by the Department of Health and Human Services for monthly household income are: 48 contiguous states and District of Columbia = $967.50 per month Alaska = $1,209.17 per month Hawaii = $1,113.33 per month
The income level people require to buy life's basic necessities- food, clothing, housing- and satisfy their most important sociocultural needs. The poverty line changes over time and varies by region. Also called subsistence minimum.
the estimated minimum level of income needed to secure the necessities of life.
An absolute level of income set by the federal government for each family size below which a family is deemed to be in poverty.