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Guaranteed minimum income

system of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions

Pronunciation
/ˌɡarənˈtiːd ˈmɪnɪməm ˈɪnkʌm/
/ˌɡɛrənˈtid ˈmɪnəməm ˈɪnˌkəm/