standard of living
Date: 1902 1. the necessities, comforts, and luxuries enjoyed or aspired to by an individual or group 2. a minimum of necessities, comforts, or luxuries held essential to maintaining a person or group in customary or proper status or circumstances

New Collegiate Dictionary. 2001.

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  • standard of living — ˌstandard of ˈliving noun standards of living PLURALFORM [countable usually singular] ECONOMICS the amount of wealth or comfort that a person, group, or country has: • Two incomes are generally required to maintain a decent middle class standard… …   Financial and business terms

  • standard of living — n [C usually singular] the amount of wealth, comfort, and other things that a particular person, group, country etc has = ↑living standard high/low standard of living ▪ a nation with a high standard of living …   Dictionary of contemporary English

  • standard of living — noun singular the type of life that a person or society has according to the amount of money they have: a high/low standard of living: Japan has a very high standard of living …   Usage of the words and phrases in modern English

  • standard of living — n. a level of subsistence, as of a nation, social class, or person, with reference to the adequacy of necessities and comforts in daily life …   English World dictionary

  • standard of living — ► NOUN ▪ the degree of material comfort available to a person or community …   English terms dictionary

  • standard of living — noun a level of material comfort in terms of goods and services available to someone or some group (Freq. 2) they enjoyed the highest standard of living in the country the lower the standard of living the easier it is to introduce an autocratic… …   Useful english dictionary

  • standard of living — a grade or level of subsistence and comfort in everyday life enjoyed by a community, class, or individual: The well educated generally have a high standard of living. Also called living standard. [1900 05] * * * Level of material comfort that an… …   Universalium

  • Standard of living — The standard of living refers to the quality and quantity of goods and services available to people, and the way these goods and services are distributed within a population. It is generally measured by standards such as income inequality,… …   Wikipedia

  • Standard Of Living — The level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area. The standard of living includes factors such as income, quality and availability of employment, class disparity …   Investment dictionary

  • standard of living — n. 1) to raise the standard of living 2) a high; low standard of living 3) a standard of living falls, goes down; goes up, rises * * * goes down goes up low standard of living rises a high a standard of living falls to raise the standard of… …   Combinatory dictionary

  • standard of living —    Although there is no single agreed measure for comparing living standards across different countries, there can be no doubt that in absolute terms the standard of living of the average Spaniard has improved beyond recognition in the past… …   Encyclopedia of contemporary Spanish culture

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