higher-income

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Term: higher-income

Part of speech: Adjective

Sense: Relating to a group or individuals with a higher level of income or earnings.

Usage:

Higher-income individuals have more disposable income to spend on luxury goods.
The government's tax reforms aim to benefit the middle class and higher-income families.

Sample sentence:

Living in an affluent neighborhood, John and Mary belong to the higher-income bracket.

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