# basic income

> English word · Noun

## Definitions
1. Ellipsis of universal basic income, a form of social security in which all citizens or residents of a jurisdiction receive a sum of money, regularly and unconditionally.
2. Ellipsis of guaranteed basic income, a form of social security in which all citizens or residents of a jurisdiction are guaranteed to have an income level at or above the set basic income cut-off level, whereby the government will top-off incomes falling below the line, to reach the limit; those falling above the line would not receive payments.

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/basic-income