guaranteed annual income


guaranteed annual income
1. Also called guaranteed income. compensation provided by the government to any family or individual whose annual income falls below a specified level.
[1965-70]

Useful english dictionary. 2012.

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  • guaranteed annual income — 1. Also called guaranteed income. compensation provided by the government to any family or individual whose annual income falls below a specified level. 2. See guaranteed annual wage. [1965 70] * * * …   Universalium

  • guaranteed annual income — Synonyms and related words: ADC, Medicaid, Medicare, aid, alimony, allotment, allowance, annuity, assistance, bounty, cradle to grave security, depletion allowance, dole, fellowship, financial assistance, grant, grant in aid, guaranteed income,… …   Moby Thesaurus

  • Guaranteed minimum income — (GMI) is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and… …   Wikipedia

  • guaranteed annual wage — noun : an arrangement whereby an employer guarantees his employees a minimum amount of wages or employment during a year * * * a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year …   Useful english dictionary

  • guaranteed annual wage — a provision in a contract with an employer guaranteeing the employee a minimum income or work over a period of one year. Also called annual wage. [1935 40] * * * …   Universalium

  • guar|an|teed annual income — «GAR uhn TEED», an annual compensation provided by the government to those citizens whose incomes fall below a specified level; negative income tax: »The unemployed in the United States have begun to demand not just the right to work but a… …   Useful english dictionary

  • guaranteed income — guaranteed income, = guaranteed annual income. (Cf. ↑guaranteed annual income) …   Useful english dictionary

  • income stream — ➔ stream * * * income stream UK US noun [C or U] ► FINANCE an amount of money that keeps coming in or being produced from an investment or by selling products or services: »provide/produce/create an income stream a steady/guaranteed/secure income …   Financial and business terms

  • guaranteed income bond — A single premium insurance bond which pays out a fixed amount of annual income and returns the original sum invested * * * guaranteed income bond guaranteed income bond ➔ bond * * * guaranteed income bond UK US noun [C] UK FINANCE ► an investment …   Financial and business terms

  • Annual Dividend - Insurance — In the insurance industry, a yearly payment given by an insurance company to a policyholder. Annual dividends are most commonly distributed in conjunction with life insurance and disability income insurance policies. Insurance companies may pay… …   Investment dictionary