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UBI
abbreviation for
- universal basic income: a government program to alleviate poverty through periodic, fixed, direct payments to every citizen.
Word History and Origins
Origin of UBI1
Example Sentences
On Saturday artistic director Thomas Jolly, ceremonies director Thierry Reboul and Alexandre Billard of events agency Ubi Bene, filed a complaint for death threats.
Altman said he thought a world with UBI would be “very far in the future” and he did not have a clear idea of what entity could dole out money, but that Worldcoin lays groundwork for it to become a reality.
Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.
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.
But there’s a much better, and far less unethical, solution: Enacting a universal basic income, or UBI, a no-strings-attached, monthly cash payment to all citizens.
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