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income Definition

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income
noun(in-come)
a coming in : entrance, influx
income
noun(in-come)
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
income
noun(in-come)
a financial statement of a business showing the details of revenues, costs, expenses, losses, and profits for a given period —called also income statement
income
noun(in-come)
a bond that pays interest at a rate based on the issuer's earnings
income
noun(in-come)
a tax on the net income of an individual or a business
income
noun(in-come)
the aggregate of earnings from a nation's current production including compensation of employees, interest, rental income, and profits of business after taxes
income
noun(in-come)
a system of federal subsidy payments to families with incomes below a stipulated level
income
noun(in-come)
income that is left after paying for things that are essential, such as food and housing
income
noun(in-come)
income that is left after paying taxes and for things that are essential, such as food and housing
income
noun(in-come)
housing for people who have low incomes
income
noun(in-come)
a report that a person sends to the government about the money that he or she has earned and the taxes that he or she has paid in one year

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