A fork of Rural Dictionary
Basically welfare with less steps. The idea is that everyone gets a set income without any conditions or requirements, it is proposed as a way to ensure everyone has their basic human needs met. The overreaching economic impact is often brushed aside.
Universal basic income should've solved poverty in the inner city, but the residents spend all their newly acquired wealth on Jordans and chains.
Income you have to claim on your tax return which is taxable but you actually never received cash for.
Congratulations on your new company car but if you use it for personal purposes, you have to worry about phantom income.
When the amount of money you can spend any way you want is crushingly little.
Another week without a paycheck, his free-spending days a fond memory, he counted his discrushionary income in the roundest of numbers.
A situation in which your wages or salary is less than your day-to-day expenses.
Let's see, I make €400 a week after tax. Rent is €100, food is €50, gas is €50, insurance is €150 all told, electricity is €75...crap, negative income! Better cut back on something.
A false wedding ring worn when the real one is too flashy. The income ring is used to hide how wealthy you are.
Our professor has an income ring. I saw her slip the real one off in her car this morning.
An individual's total personal income, before accounting for taxes or deductions.
My gross monthly income is $1,500.