UBI

American  

abbreviation

1. universal basic income: a government program to alleviate poverty through periodic, fixed, direct payments to every citizen.

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Etymology

Origin of UBI

First recorded in 2000–05

Example Sentences

Ubisoft UBI 0.00%increase; green up pointing triangle Entertainment said it asked Euronext to resume trading of its shares and bonds after the videogame maker posted higher sales for its fiscal second quarter due to stronger-than-expected partnerships and a robust back catalog.

From The Wall Street Journal

Think tanks will publish UBI white papers.

From MarketWatch

To better understand the reality of basic income, the showrunners would be well-served to speak with an actual recipient of UBI – like Torri Hanna, a fiber artist in the Minnesota program.

From Salon

One example Altman likes is universal basic income, or UBI, a social benefits program usually run by governments where every individual is entitled to payments.

From Reuters

Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.

From Reuters