Definition, Meaning & Synonyms

income-maintenance

noun

/ˈɪn.kʌm ˈmeɪn.tən.əns/

Definition

Income-maintenance refers to the policies or programs designed to ensure that individuals or families have a certain level of income to meet their basic needs.

Examples

Government welfare programs are a form of income-maintenance.
After losing her job, she relied on income-maintenance services to cover her expenses.
Income-maintenance can help prevent poverty and support economic stability.

Meaning

Income-maintenance is the concept of providing financial support or assistance to help people maintain their standard of living, especially in times of unemployment or financial hardship.