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- Dictionaryincome/ˈɪŋkʌm/
noun
- 1. money received, especially on a regular basis, for work or through investments: "he has a nice home and an adequate income"
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Jun 2, 2024 · Income is the money you receive in exchange for your labor or products. Income may have different definitions depending on the context—for example, taxation, financial...
INCOME definition: 1. money that is earned from doing work or received from investments: 2. a company's profit in a…. Learn more.
The meaning of INCOME is a gain or recurrent benefit usually measured in money that derives from capital or labor; also : the amount of such gain received in a period of time. How to use income in a sentence.
Income is the money that a person or company earns or receives, as opposed to the money that they have to spend or pay out. income account, income statement, income tax, net income, operating income, other income, statement of earnings and comprehensive income, unearned income. Collins COBUILD Key Words for Accounting.
INCOME meaning: 1. money that is earned from doing work or received from investments: 2. a company's profit in a…. Learn more.
What could be simpler than to remember that income basically refers to money that "comes in," or is earned. Your income is the money you make in a given time period, for example weekly, monthly, or annually. Your income might come from many sources — salary, investments, interest or annuities.
Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. [1] . Income is difficult to define conceptually and the definition may be different across fields.
noun. /ˈɪnkʌm/, /ˈɪnkəm/ [countable, uncountable] the money that a person, a region, a country, etc. earns from work, from investing money, from business, etc. Average household income fell slightly. a weekly disposable income (= the money that you have left to spend after tax, etc.) of £200.
Income definition: revenue received for goods or services, or from other sources, as rents or investments. See examples of INCOME used in a sentence.
money that you earn by working, investing, or producing goods: families on low incomes. Tourism accounts for 25% of the country's national income. Fewer examples. taxable income. loss of income. She needs a large income to support her lifestyle. His income is way above the national average. This will affect people on high incomes.
