Means test is a term used to describe an evaluation of an individual's financial standing in order to determine eligibility for financial assistance. There are various other phrases that are used as synonyms for means test. It could be referred to as a financial assessment, a needs evaluation or an income eligibility test. Other common phrases used include a fiscal appraisal, an economic evaluation or a financial qualification. Ultimately, these terms all describe a process of calculating someone's financial status to determine if they qualify for a particular type of financial assistance or if they can afford to pay for something without assistance.