The story
- French · borrowed fromnouveau pauvre“new poor”
- English todaynouveau pauvre
Unadapted borrowing from French nouveau pauvre (“new poor”), modeled on nouveau riche (“new money”).
First known use, by meaning
- from 1965 A newly impoverished person; somebody who has recently become poor.
Etymology from Wiktionary, CC BY-SA 4.0.