Definition, Meaning & Synonyms

limited-income

adjective

/ˈlɪmɪtɪd ˈɪnkʌm/

Definition

A descriptive term for individuals or households that have a restricted or reduced financial capacity, often due to low wages, fixed salaries, or financial constraints.

Examples

Many limited-income families struggle to pay for healthcare costs.
Programs that assist limited-income individuals are crucial for community support.
Housing assistance is often targeted at limited-income households.

Meaning

Limited-income refers to the economic situation where a person or family has a lowerthan-average income, which influences their ability to afford essential goods and services.