English Explanatory Dictionary

Lorenz curve

English dictionary entry

Meanings

noun
  1. A graph that shows the proportion of overall income or wealth of the bottom percentage of people, often used to represent economic inequality.

Word forms

Lorenz curve Lorenz curves

Etymology

Named after American economist Max Lorenz (1876–1959), who developed this in 1905.

Related words

Gini coefficient Great Gatsby curve
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