minimum income

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• Guaranteed minimum income — (GMI) is a system[1] of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and… …   Wikipedia

• Guaranteed Minimum Income Benefit - GMIB — A type of option that annuitants can purchase for their retirement annuities. When the annuity has been annuitized, this specific option guarantees that the annuitant will receive a minimum value s worth of payments. Receiving a guaranteed… …   Investment dictionary

• Minimum wage — A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many… …   Wikipedia

• Income protection insurance — (IPI) is a UK insurance policy paying benefits to policyholders who are incapacitated and hence unable to work due to illness or accident. IPI policies were formerly called Permanent Health Insurance (PHI).Relevant concepts* Incapacity will be… …   Wikipedia

• Minimum wage law — is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation.[1] Until recently, minimum wage… …   Wikipedia

• minimum wage — n: a wage fixed by contract or esp. by law as the least that may be paid either to employees generally or to a particular category of employees compare scale Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

• Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… …   Wikipedia

• Minimum wage in the United States — History of the federal minimum wage in real and nominal dollars. As of July 24, 2009 (2009 07 24) …   Wikipedia

• income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

• Income trust — An income trust is an investment trust that holds income producing assets. The term also designates a legal entity, capital structure and ownership vehicle for certain assets or businesses. Its shares or trust units are traded on securities… …   Wikipedia

• Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu …   Wikipedia