mass affluent
Britishplural noun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Fact: If you’re a person who hangs out with financial types and others who worry about retirement income, it’s easy to get lulled into the notion that the mass affluent — households in the top half of the income distribution — have hundreds of thousands in annual income.
From MarketWatch
“I still have no idea whom or what this thing is supposed to be for. At $3,500, it’s not a device for the masses, or even the mass affluent. It’s a big, honking statement piece — a status symbol for your face.”
From New York Times
Citi's China wealth management operations, part of the retail banking business it has planned to exit since 2021, mainly serves mass affluent clients in the world's second-largest economy.
From Reuters
"JPM views FRC as more complementary to its mass affluent approach than its ultra high net worth offering," Jason Goldberg, Brian Morton and Matthew Kesselhaut analysts at Barclays said in a note adding that they expect FRC to be additive to JPM's consumer and community banking business.
From Reuters
Kelleher touched on the scrapped $1.4 billion deal to buy Wealthfront, an automated wealth provider with a U.S. focus that would have enabled the Swiss bank to expand in the mass affluent wealth category.
From Reuters
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.