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Legal Definitions - livelihood

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Definition of livelihood

Livelihood refers to the primary means by which an individual or family obtains the financial resources and essential provisions necessary to support their existence, cover their daily expenses, and maintain their standard of living.

Here are some examples illustrating the concept of livelihood:

  • Example 1: A freelance graphic designer creates logos and marketing materials for various clients through online platforms.

    Explanation: The income the designer earns from these projects constitutes their livelihood, as it provides the financial means to pay for their housing, food, utilities, and other personal and professional expenses.

  • Example 2: A deep-sea fisherman operates a small boat, catching and selling fish to local restaurants and markets.

    Explanation: The revenue generated from selling their daily catch directly supports the fisherman and their family, making fishing their livelihood. This activity provides the necessary funds for their living costs and boat maintenance.

  • Example 3: A retired teacher receives a monthly pension and social security benefits.

    Explanation: In this case, the regular payments from their pension and social security serve as their livelihood. These funds are the primary source of support for their daily needs, healthcare, and other expenses during retirement.

Simple Definition

Livelihood refers to the means by which a person supports their existence, primarily through financial resources. It encompasses the activities and income sources an individual relies on to sustain themselves and meet their basic needs.