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income

25 ENTRIES FOUND:

in·come

noun
\ˈin-ˌkəm also ˈin-kəm or ˈiŋ-kəm\

Definition of INCOME

1
: a coming in : entrance, influx <fluctuations in the nutrient income of a body of water>
2
: 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 <has an income of $30,000 a year>

Examples of INCOME

  1. Any income from investments must be reported.
  2. Farming is his main source of income.
  3. Even on two incomes, we're having a hard time keeping up with our bills.
  4. He earns a good income as a consultant.
  5. What was the company's annual income?

First Known Use of INCOME

14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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