economic standing
noun phraseUK /ˌiːkəˈnɒmɪk ˈstændɪŋ/
US /ˌiːkəˈnɑːmɪk ˈstændɪŋ/
How much money and stuff a person or family has.
The family's economic standing improved after they moved to a bigger house.
OTHER MEANINGS
2. A person's or group's rank in society based on how much money they have.
People often judge economic standing by the kind of car someone drives.
3. The financial health of a country or community.
The town's economic standing grew when the new factory opened.
4. How well someone is doing with money compared to others.
Scholarships help students from any economic standing go to college.