income

(ĭn'kŭm')
n.

1. The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as profit from financial investments.
2. The act of coming in; entrance.

[Middle English, arrival, entrance, from incomen, to come in, from Old English incuman : in, in; see in¹ + cuman, to come; see come.]

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The money or other state benefit coming from the use of property, skill, or business.


Examples: In real estate, income may be produced by:

• rents

• fees

• royalties

• sales of crops, timber, or livestock

• revenues derived from business activities on the property

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1. money earned during an accounting period that results in an increase in total assets.


2. items such as rents, interest, gifts, and commissions.


3. revenues arising from sales of goods and services.


4. excess of revenues over expenses and losses for an accounting period (i.e., net income).
See also gross income ; income realization ; net income ; revenue .

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n

Definition: money earned
Antonyms: bills, debt, expenditure, expenses

This entry contains information applicable to United States law only.

The return in money from one's business, labor, or capital invested; gains, profits, salary, wages, etc.

The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income is not a gain accruing to capital or a growth in the value of the investment, but is a profit, something of exchangeable value, proceeding from the property and being received or drawn by the recipient for separate use, benefit, and disposal. That which comes in or is received from any business, or investment of capital, without reference to outgoing expendi- tures.

The amount of money received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.

Economic wealth that is generated in exchange for an individual's performance of agreed upon activities or through investing capital. Income is consumed to fuel day-to-day expenditures.

In businesses, income can refer to a company's remaining revenues after all expenses and taxes have been paid. In this case, it is also known as "earnings".

Investopedia Says:
For the average individual, income is earned through earning wages by working and/or making investments into financial assets. In most countries, the amount of income that an individual receives is taxed by the government before it is received. The revenue generated by income taxes is used to finance government actions and programs as determined by the federal budget.   

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A cynical view of the world by Ambrose Bierce

n.

The natural and rational gauge and measure of respectability, the commonly accepted standards being artificial, arbitrary and fallacious; for, as "Sir Sycophas Chrysolater" in the play has justly remarked, "the true use and function of property (in whatsoever it consisteth -- coins, or land, or houses, or merchant- stuff, or anything which may be named as holden of right to one's own subservience) as also of honors, titles, preferments and place, and all favor and acquaintance of persons of quality or ableness, are but to get money. Hence it followeth that all things are truly to be rated as of worth in measure of their serviceableness to that end; and their possessors should take rank in agreement thereto, neither the lord of an unproducing manor, howsoever broad and ancient, nor he who bears an unremunerate dignity, nor yet the pauper favorite of a king, being esteemed of level excellency with him whose riches are of daily accretion; and hardly should they whose wealth is barren claim and rightly take more honor than the poor and unworthy."

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IN BRIEF: n. - The financial gain (earned or unearned) accruing over a given period of time.

When there is an income tax, the just man will pay more and the unjust less on the same amount of income. — Plato, Source: The Republic

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sign description: The sign for MONEY is done quickly and then the hand makes a scooping motion across the flat hand.

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Quotes:

"There is nothing more demoralizing than a small but adequate income." - Edmund Wilson

"First secure an independent income, then practice virtue." - Greek Proverb

"There are few sorrows, however poignant, in which a good income is of no avail." - Robert Frost

"I'm living so far beyond my income that we may almost be said to be living apart." - E.E. (Edward. E.) Cummings

"A large income is the best recipe for happiness I ever heard of." - Jane Austen

Financial return from a project or for help provided.

• i. elasticity — see demand elasticity.
• net i. — gross income less costs.
• i. over feed cost — a rough indicator of the profitability of an animal enterprise based principally on fattening of young livestock, e.g. in a feedlot. The fixed costs are the depreciation on the installation and labor, the variable costs are the price of cattle and the feed.

n

The return in money from one’s business, practice, or capital invested; gains, profit.

For a list of words related to income, see:

• Income Tax - income: various forms of taxable and nontaxable revenue received by taxpayer
• Accounting - income: money received in sales, wages, or profits

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  See crossword solutions for the clue Income.

This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

Dansk (Danish)
n. - indkomst, indtægt, indtjening

idioms:

• income support    bistandshjælp, kontanthjælp
• income tax    indkomstskat

Nederlands (Dutch)
inkomen, inkomsten

Français (French)
n. - revenu, revenus, salaire

idioms:

• income support    (GB, Admin Soc) allocation chômage minimum
• income tax    (Fisc) impôt sur le revenu

Deutsch (German)
n. - Einkünfte, Einkommen

idioms:

• income support    zusätzliche Hilfe zum Lebensunterhalt
• income tax    Einkommenssteuer, Lohnsteuer

Ελληνική (Greek)
n. - (οικον.) εισόδημα, πρόσοδος

idioms:

• income support    επίδομα (κοινωνικής ασφάλισης) ανεργίας ή χαμηλού εισοδήματος, κοινωνικό βοήθημα
• income tax    (οικον.) φόρος εισοδήματος

Italiano (Italian)
reddito, stipendio

idioms:

• income support    complemento al reddito
• income tax    tassa sul reddito

Português (Portuguese)
n. - renda (f)

idioms:

• income support    salário (m) suplementar pago pelo governo (GB)
• income tax    imposto (m) de renda

Русский (Russian)
доход

idioms:

• income support    подоходное пособие (доплата до прожиточного минимума)
• income tax    подоходный налог

Español (Spanish)
n. - ingreso, renta, entrada, utilidad, rédito

idioms:

• income support    ayuda compensatoria
• income tax    impuesto a los réditos, impuesto sobre la renta

Svenska (Swedish)
n. - inkomst, avkastning

中文（简体）(Chinese (Simplified))
收入, 所得, 收益

idioms:

• income support    政府为低收入的人们提供的收入补助
• income tax    所得税

中文（繁體）(Chinese (Traditional))
n. - 收入, 所得, 收益

idioms:

• income support    政府為低收入的人們提供的收入補助
• income tax    所得稅

한국어 (Korean)
n. - 수입, 소득

日本語 (Japanese)
n. - 収入, 所得

idioms:

• fixed income    固定収入
• income support    主要所得者
• income tax    所得税

العربيه (Arabic)
‏(الاسم) دخل‏

עברית (Hebrew)
n. - ‮הכנסה כספית‬

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