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guaranteed annual income

American  
[gar-uhn-teed an-yoo-uhl in-kuhm] / ˈgær ən tid ˈæn yu əl ˈɪn kʌm /

noun

  1. Also called guaranteed income.  compensation provided by the government to any family or individual whose annual income falls below a specified level. GAI

  2. guaranteed annual wage.


Etymology

Origin of guaranteed annual income

First recorded in 1965–70

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The city’s task force has floated the idea of lump-sum payments of $5 million per eligible residents, as well as a guaranteed annual income of $97,000 and erasing personal debts.

From Washington Times • Mar. 29, 2023

And Nixon, urged on by his domestic adviser Pat Moynihan, seriously toyed with giving all Americans a guaranteed annual income.

From The Guardian • May 18, 2017

Hess details the still astonishing story of how Moynihan got Nixon to propose a truly radical innovation, a guaranteed annual income for all Americans.

From Washington Post • Apr. 8, 2015

The guaranteed annual income experiment in Dauphin, Manitoba in the late 1970s offers the solutions necessary to fix the problem.

From New York Times • Sep. 14, 2014

Nixon talked tough, but he expanded food stamps, supported a guaranteed annual income and generally gave the impression that he cared.

From Time Magazine Archive

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