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Gini index
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Gini index

Gi·ni in·dex [ jnee ìn deks ]


noun 
Definition:
 
income distribution index: an index of income distribution in an economy, expressed as a fraction, that indicates the level of inequality between incomes. The higher the fraction, the greater the inequality of incomes.

[After the Italian statistician Corrado Gini (1884-1965)]
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