subsistence level
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subsistence level — (also subsistence wage) ► NOUN ▪ a standard of living (or wage) that provides only the bare necessities of life … English terms dictionary
subsistence level — noun The level of income which will purchase bare necessities only • • • Main Entry: ↑subsist … Useful english dictionary
subsistence level — UK / US noun [countable] Word forms subsistence level : singular subsistence level plural subsistence levels living conditions in which someone has only as much food and money as they need in order to stay alive Refugees in the camp are living at … English dictionary
subsistence level — noun (singular) a very poor standard of living, which only provides the things that are completely necessary and nothing more: Many of the poorer farmers live at subsistence level … Longman dictionary of contemporary English
subsistence level — sub sistence ,level noun count a living condition in which someone has only as much food and money as they need in order to stay alive: Refugees in the camp are living at subsistence levels … Usage of the words and phrases in modern English
subsistence level — (also subsistence wage) noun a standard of living (or wage) that provides only the bare necessities of life … English new terms dictionary
subsistence level — /səbˈsɪstəns lɛvəl/ (say suhb sistuhns levuhl) noun a standard of living just sufficient to maintain life …
subsistence — sub‧sis‧tence [səbˈsɪstns] noun 1. [uncountable] a small amount of money or food that is just enough to survive on: • Refugees are dependent for subsistence on support from aid agencies. • Unfortunately, these people have become used to living… … Financial and business terms
subsistence wage — noun One fixed at subsistence level • • • Main Entry: ↑subsist … Useful english dictionary
Subsistence theory of wages — The Subsistence Theory of Wages, also known as the Iron Law of Wages, was a law of economics that asserted that real wages in the long run would trend toward the value needed to keep the workers population constant. The alleged law was named and… … Wikipedia
