Catholic Dictionary

Find accurate definitions of over 5,000 Catholic terms and phrases (including abbreviations). Based on Fr. John Hardon's Modern Catholic Dictionary, © Eternal Life. Used with permission.

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POVERTY OF SHARING

The voluntary sacrifice of one's possessions for the common good of a community. All means of support and activity are provided by the group. Practiced in the Church since apostolic times, it is described by St. Luke as one of the effects of receiving the Holy Spirit: "The faithful all lived together and owned everything in common; they sold their goods and possessions and shared out proceeds among themselves according to what each one needed" (Acts 2:44-45).