Difference between revisions of "Income"
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Types of income include: | Types of income include: | ||
* '''Issuepedia-refined terms''': | * '''Issuepedia-refined terms''': | ||
− | ** [[guaranteed income]] | + | ** [[guaranteed income]]: an income that is guaranteed (promised, ensured) by another party, typically a [[government]] |
− | ** [[living income]] | + | ** [[living income]]: an income sufficient to meet basic needs |
− | ** [[non-employment income]] | + | ** [[non-employment income]]: income that is not the result of employment status |
− | ** [[unconditional income]] | + | ** [[unconditional income]]: income that is received regardless of life circumstances |
* '''combinations''': | * '''combinations''': | ||
** [[guaranteed living income]] | ** [[guaranteed living income]] | ||
− | ** [[unconditional | + | ** [[unconditional living income]]: e.g. living on investment or retirement income |
+ | ** [[unconditional guaranteed living income]] | ||
* '''aliases''': | * '''aliases''': | ||
** [[basic income guarantee]] | ** [[basic income guarantee]] | ||
+ | ** [[unconditional basic income]] | ||
+ | ** [[universal basic income]] | ||
** [[universal income]] | ** [[universal income]] | ||
* '''ambiguous terms''': | * '''ambiguous terms''': |
Revision as of 13:40, 6 April 2014
About
Income is money received regularly by a legal entity, most often a person. If it is received in exchange for work (i.e. employment), then it is also a wage.
Types of income include:
- Issuepedia-refined terms:
- guaranteed income: an income that is guaranteed (promised, ensured) by another party, typically a government
- living income: an income sufficient to meet basic needs
- non-employment income: income that is not the result of employment status
- unconditional income: income that is received regardless of life circumstances
- combinations:
- guaranteed living income
- unconditional living income: e.g. living on investment or retirement income
- unconditional guaranteed living income
- aliases:
- ambiguous terms:
- basic income can mean either unconditional basic income (conventional usage) or living income (Issuepedia)
- minimum income can mean either guaranteed minimum income or unconditional income
Related
- Economic disparity is sometimes referred to as income disparity or income inequality.
Links
Reference