Issuepedia:Archive/income taxonomy/Income/guaranteed
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A guaranteed income is any form of income that is guaranteed (promised, ensured) by some entity (typically a government), rather than being a side-effect of some other economic process such as profit dividends, interest on savings, or wages from employment.
Guaranteed income may be conditional (and should therefore not be confused with unconditional income): the guarantee is only in effect if the conditions are met.