Aging Population Terminology

noun a person who is older or retired, typically receiving a pension or social security benefits

• The senior citizen received a discount at the museum.
• The old person got a deal at the museum.
• The senior scored a sweet discount at the museum.
• The senior citizen was a treasure trove of wisdom.

noun a term used to describe the economic impact of the aging population, particularly in terms of consumer behavior and spending habits

• The silver economy refers to the economic activity generated by the elderly population.
• The silver economy is all about older folks making money and spending it.
• The silver economy is where the oldies hustle and flow.
• Like a shining silver coin, the silver economy represents the wealth and spending power of the elderly.