Meaning of “subsistence” in the English Dictionary

(Definition of “subsistence” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"subsistence" in American English

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subsistencenoun [ U ]

us /səbˈsɪs·təns/

what a person needs in order to stay alive:

Art satisfies a need beyond mere subsistence.
Palau’s economy is based on subsistence agriculture (= producing enough food to feed themselves).

(Definition of “subsistence” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"subsistence" in Business English

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subsistencenoun [ U ]

/səbˈsɪstəns/ uk us ECONOMICS

the state of having what you need in order to stay alive, but no more:

Many people in the town feed their families by subsistence, an economic lifestyle characterized by living off the land.
Agricultural production is below subsistence level, leaving many dependent on emergency aid.
Many migrant workers are employed at little more than subsistence wages.
Maize is the national subsistence food in parts of South Africa.

(Definition of “subsistence” from the Cambridge Business English Dictionary © Cambridge University Press)