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

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[[page type::article]] [[page type::working definition]]
[[title::Guaranteed Income]]
[[thing type::income]]
[[category:working definitions]]
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==About==
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.

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