Nouveau poor
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"Nouveau poor" ("new poor"), refers to a person who had once owned considerable wealth, but has now lost all or most of it. This term is generally used to emphasize that the individual was previously part of a higher socioeconomic rank, and that such wealth that provided the means for the acquisition of goods or luxuries is currently unobtainable. These people may or may not actually be poor, but compared to their previous rank, it seems as if they are.
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Unless indicated otherwise, the text in this article is either based on Wikipedia article "Nouveau poor" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
