-
Trending Now:
More Trending:
- scaramouch non sequitur admiral's mast calumny kakistocracy
- ALL
labor income
noun
Definition of labor income
: the annual income of a farmer after business expenses and an interest charge for capital invested are subtracted to compare labor income with city salaries, the value of house rent and the products used must be added — H. E. Botsford
From the M-W Editors
There's more!
Love words? You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.
Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Seen and Heard
What made you want to look up labor income? Please tell us where you read or heard it (including the quote, if possible).
Writing? Check your grammar now!