minimum income
Lowest acceptable pay
Minimum income refers to the smallest amount of money a person or household needs to meet basic living expenses, or to a policy guaranteeing that floor.
A minimum income requirement might determine eligibility for housing: The apartment complex requires a minimum income of three times the monthly rent.
As policy, minimum income programs ensure no one falls below a certain threshold through direct payments or tax credits.
- rentPayment for temporary use
- cash transferDirect monetary payment
- living wageIncome covering necessities
- social securityPublic financial protection programs
- no strings attachedWithout obligations or conditions
human dignity · poverty alleviation · welfare state · economic security · unemployment benefits · subsistence level · employment contracts · public assistance · food stamps · government handout · means testing · egalitarianism · tax credits · stipend · fiscal policy · baseline · paycheck · making ends meet
- wageswage, salary, pay, paycheck, earnings
- income supportUBI, cash transfer, direct payment, social assistance, public assistance
- social benefitssocial assistance, disability benefits, unemployment insurance, retirement benefits, child benefit
- social welfaresocial welfare, welfare state, welfare checks, social insurance, welfare benefits
- Social SecuritySSN, FICA, Social Security Administration, disability benefits, retirement benefits
minimum incomewealth
Abundance of valuable resources
affluence · prosperity · riches · high income · disposable income