A basic income is a form of
social security
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance ...
in which a population group receives a regular
sum of money, either from a government or from some other public institution, independent of any other income.
Universal Basic Income: A Review
Social Science Research Network (SSRN). Accessed August 6, 2017. This is a list of alternates to universal basic income
Universal basic income (UBI) is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to perform Work (hu ...
that intends to give all citizens of a population an unconditional sum of money, which have been implemented or proposed.
References
{{Poverty
Universal basic income