word
Gini coefficient
JEE-nee koh-EF-ih-shent
ˈdʒiːni koʊˈɛfɪʃəntListen
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Syllable breakdown
Ginicoefficient
Dictionary meaning
A measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).
Examples
- A rising Gini coefficient indicated that wealth was concentrating in fewer hands.
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