Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- adj. Of or relating to people or groups whose income falls in the middle of the range for an overall population.
Examples
“This is the first page of tax policy, in which he attacks President Obama for class warfare, saying: He's calling middle-income Americans 'millionaires and billionaires.”
“While defined as a middle-income country, it still boasts high levels of poverty, especially in the rural sector.”
The Huffington Post: Vicki Gass: Rebuilding El Salvador Sustainably
“That can help them avoid falling into the so-called middle-income trap afflicting many emerging-market businesses.”
“This probably won't happen because investment-tax rates are tied to income-tax brackets, so total expiration would drastically raise levies on all low - and middle-income taxpayers, not just investors.”
“It's true, wealthier Americans spend more on life insurance than middle-income Americans ( "Shift to Wealthier Clientele Puts Life Insurers in a Bind," page one, Oct. 4); they generally need more coverage and therefore pay higher premiums.”
The Wall Street Journal: Life Insurance Makes Sense for Most, Not Just the Rich
“More than half of HIV-positive pregnant women in low - and middle-income countries now receive medicines to help prevent transmission of HIV to their babies, triple the percentage from three years ago, the Foundation says.”
“Another bonus is that the portfolio helps, in part, the bank meet its requirements under the Community Reinvestment Act, a federal law that encourages banks to make loans in low - and middle-income neighborhoods.”
“Mr. Okada said the company expects the number of middle-income Asian cons umers to double to around 2 billion by 2020, and the number of people living in urban areas to grow by 400 million to 2.2 billion in a decade.”
The Wall Street Journal: Japanese Retailer Plans Overseas Spending Spree
“The global downturn also drained the fiscal balances in middle-income and oil-exporting countries that had flourished during the boom in the mid-2000s, the IMF said.”
“The same was true for 74% of middle-income account holders.”
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