income-based

Scaled to wages

Income-based describes something calculated or determined according to how much money a person earns.

The term appears most often with government programs, financial aid, and payment plans that adjust based on ability to pay: income-based repayment plans for student loans, income-based housing assistance.

The hyphenated form functions as an adjective before nouns.

policy

means-tested

Contingent on financial status

eligibility · threshold · bracket · assistance · welfare · voucher · graduated · formula · allocation · benefits

financial

repayment

Giving back what's owed

forgiveness · amortization · hardship · deferment · consolidation · servicer · cap · percentage · federal · borrower

taxation

progressive

Favoring reform and innovation

assessment · levy · graduated · deduction · credit · exemption · filing · withholding · adjusted · gross

social

stratification

Division into distinct levels

segregation · mobility · divide · gap · discrimination · access · barrier · equity · demographic · socioeconomic

Categories
Opposites
pricing/assessment structure

income-basedflat-rate

Single unchanging charge

fixed-rate · uniform · one-size-fits-all · universal · regressive

basis for calculation

income-basedasset-based

Secured by possessions

universal · usage-based · merit-based · need-based · unconditional

Family

income, based, base, come, comes, coming, came, incomes, basing

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G