nouveau pauvre
Borrowed from French, 'nouveau pauvre' describes a person who has recently transitioned from wealth to poverty.
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Definition
C1Sociology
(formal)A person who has recently fallen into poverty after previously being wealthy.
Example
- After the market crash, many investors found themselves as nouveau pauvre.
- The economic downturn created a wave of nouveau pauvre across the city.
Similar
Terms that have similar or relatively close meanings to "nouveau pauvre":