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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...
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 definition: 1. money that is earned from doing work or received from investments: 2. a company's profit in a…. Learn more.
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.
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.
Mar 29, 2023 · Income is revenue that an individual or business earns in exchange for providing a good or service, or through investing capital. Income can come from a variety of sources and may be taxed at different rates, depending on the source.
