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guaranteed annual income

[ gar-uhn-teed an-yoo-uhl in-kuhm ]

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


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Word History and Origins

Origin of guaranteed annual income1

First recorded in 1965–70
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Example Sentences

An advisory group in San Francisco has recommended that qualifying Black adults receive a $5 million lump-sum payment, guaranteed annual income of at least $97,000 and personal debt forgiveness.

An advisory group in San Francisco has recommended that qualifying Black adults receive a $5 million lump-sum payment, guaranteed annual income of at least $97,000 and personal debt forgiveness.

San Francisco also has a reparations committee that has suggested paying a budget-blowing $5 million to each eligible Black adult, providing a guaranteed annual income of $97,000, and eliminating personal debt.

The San Francisco reparations task force’s draft proposal includes a recommendation for a guaranteed annual income of $97,000 for 250 years for eligible Black residents.

Dr. King advocated for a “guaranteed annual income” as part of the struggle for civil rights in the 1960s.

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