definitions
  • synonyms

guaranteed annual income


noun

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

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Nearby words

guaracha, guarana, guarani, guarantee, guaranteed, guaranteed annual income, guaranteed annual wage, guaranteed bond, guaranteed stock, guarantor, guaranty

Origin of guaranteed annual income

First recorded in 1965–70
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019