universal basic income

Noun

Meaning

universal basic income

A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.
Synonyms: UBI, basic income

Source: en.wiktionary.org

Related terms

income basic income guaranteed basic income

Examples

A Commission for Fairness is to be set up in Hull after councillors in the city wrote to the Chancellor asking to be the first area to trial Universal Basic Income (UBI). Source: Internet

Mike Hosking gives his views on the concept of a Universal Basic Income. Source: Internet

Moreover, the pandemic has offered a chance for economists all over the world to study the effects of what has amounted to a large-scale experiment of the kind that proponents of a Universal Basic Income have wanted to conduct for years. Source: Internet

Universal basic income and contact tracing reflect the new realities—the return of the state will be consolidated after its emergence post-Global Financial Crisis. Source: Internet

Universal basic income implies paying the households permanently for which we don't have time and resources. Source: Internet

Close letter words and terms

universal arithmetic universal bank universal banking universal chuck universal class universal computer