means test
- A formula used in bankruptcy situations to assess if a debtor, earning more than average household income for their state, is eligible to declare bankruptcy, or qualifies for public aid due to inability to pay
- After losing his job, he had to undergo a means test to qualify for financial aid.
- The bankruptcy court will conduct a means test to evaluate if she can file for bankruptcy.
- He failed the means test, thus he was not considered for the requested public assistance.
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