Not necessarily the _top_ level if you are referring to scope. `this` will be the default global unless another context is defined, whether you are at the top level or inside a function.
In node, there is a name for the default global: "global", which is also the default context. So node gives it a "generic substitute" as the OP suggested. Most people use "this" to make assignments to it, rather than the "global" name, since it is usually accessed from the default context.
Isn't that just |this| at the top level?