Income Crevasse is a significant financial gap or disparity in earnings between different groups or individuals that refers to the growing divide between the wealthy and the poor, or perhaps the discrepancy in income levels between different professions or sectors. This term underscores the widening economic inequalities present in many societies today. Also, the Income Crevasse is the period of no income until retirement from work and receipt of the national pension.
Related Definitions in the Project: The Commercial Definitions
