I think you're thinking of "high/low-value." Regardless, hateful people will often try to wrap their ideology in terminology designed to mimic academic or scientific writing in order to appear logical or disspassionate. The red pill use of "hypergamy" is another common example.
It's an academic term used in anthropology circles, studying primitive, ancient, or even non-human social structures.
In ape or chimpanzee social groups, high-status individuals (male or female) may have more mating opportunities, be able to eat first, insist on the best spots to sit, whatever. The specific benefits can vary from culture to culture, species to species.
It doesn't mean low-status individuals are shunned at all. They're still part of the group. But for whatever reason, they aren't given as much trust, opportunity, or maybe respect, as others in the group.
In our modern social world, it would be the correct scientific or academic term for people who are unable to attract a sexual partner, or make many friends, or build much "social capital", for any of several possible reasons.
People who have a job, or even a career, but wouldn't be considered for management, would also be considered low-status in that context.
We conclude by offering one hypothesis as to why modern day incels are not as violent
as we might expect. The Male Sedation Hypothesis, that online virtual worlds, such
as pornography, may pacify the potential for violence among sexless young men,
providing a counterfeit sense of sexual fulfillment and reducing motivation for real-
life mate competition.
So in other words; in the past such men would have taken their frustration to the streets. Gathering into groups of other such men and causing trouble, kicking grannies and such. Nowdays they instead retreat into their mom's basements smoking weed, playing video games and watching porn.