basic income
noun
uk/ˌbeɪ.sɪk ˈɪŋ.kʌm/us/ˌbeɪ.sɪk ˈɪn.kʌm/[CorU]
anamountofmoneythat is givenregularlyto everyone or to everyadultin asocietyby agovernmentor otherorganizationand that is the same for everyone:
Abasicincomeisunconditionaland isindependentof any otherincome.
Basicincomeis asimpleway toredistributewealthandsocialgoods.
[C]
theamountofmoneythat someoneregularlyearnsorreceives, notincludingadditionalamountsthat they may sometimes get:
Don'tborrowmore than threetimesyourbasicincome,excludingovertimeorbonuses.
Governmentbenefitssuch astaxcreditscan have abigimpactonpovertyand on people'sbasicincomes.
- Theeconomisthas beenarguingforbasicincomeinrecentyears.
- Webelievetheworldcanaffordabasicincomefor allhumans.
- Thegovernmentsof severalEuropeanUnioncountriesarestudyingabasicincomeplan.
- Families where at least oneparentworksshouldsurelyhave anacceptablebasicincome.
Social security & state benefits
- AFDC
- anti-welfare
- be on reliefidiom
- benefit
- child benefit
- family allowance
- family credit
- giro
- housing benefit
- income support
- means test
- sickness benefit
- sign(something)off
- social security
- social welfare
- unemployment
- unemployment benefit
- universal credit
- welfare
- welfare state
You can also find related words, phrases, and synonyms in the topics:
Earning money