Correct spelling for the English word "Povert" is [pˈə͡ʊvɜːt], [pˈəʊvɜːt], [p_ˈəʊ_v_ɜː_t] (IPA phonetic alphabet).
The word poverty originated from the Latin word paupertas. It entered Middle English as poverte in the 12th century. The term paupertas is derived from the Latin word pauper, meaning poor or having little, which traces back to the Proto-Indo-European root *peup-, meaning to lack, to suffer.