View source for Issuepedia:Archive/income taxonomy/Income/guaranteed

<hide>
[[page type::article]] [[page type::working definition]]
[[thing type::income]]
[[category:working definitions]]
</hide>
==About==
A [[guaranteed income]] is a 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 or interest on savings.

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.

{{seedling}}