Means someone is spending more money than they earn.
My expenses are more than my income; meaning that I spend more than I bring in.
profit
Example sentence - His expenses were more than his income.
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
The difference, on a yearly basis, between the budget (expenses) for the federal government of the United States and revenues (income). When the expenses are more than the income, the difference is called the deficit. When the income is more than the expenses, the difference is called a surplus.
Expenses more than income is called "Loss" Income over expenses called "Profit"
Before the break even point, total expenses exceed total income and there is a loss made.
There is no profit.
There is no money.
Income less than expenses negative numbers below zero. Income more than expenses. Positive numbers above zero a net profit from the business operation.
The amount by which income is greater than expenses is called profit. It represents the financial gain a business or individual makes after all expenses have been deducted from total income. Profit is a key indicator of financial health and performance.
Normally gross income is higher than net income as gross income only includes direct expenses for manufacturing of goods while in net income other administrative expenses are also deducted but even then net income may be high if company has other income which is not related to specific business related activities and this income is also have very significant amount otherwise gross income is normally more than net income.