Income definition

ĭnkŭm
Frequency:
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.
noun
27
10
The act of coming in; entrance.
noun
8
2
The definition of income is the amount of money received by a person, group or company during a certain period of time.

An example of an income is a $70,000 a year salary.

noun
5
0
Gross income minus deductions permitted by the Internal Revenue Code.
4
0
Income after all exemptions, exclusions, and deductions.
3
0
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Income from routine or everyday activities, such as the operations of a business or the labor of an individual.
3
0
Money one earns by working or by capitalising on the work of others.
noun
3
0
Income prior to any exemptions, exclusions, or deductions.
3
1
Money received for services performed, products sold, as interest on investments, as royalties on inventions or creative works, or generally in exchange for some performance or consideration.
noun
2
0
The doctrine that, under certain circumstances, a taxpayer realizes taxable income as a result of the use or consumption of his or her own property.
2
0
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Same as net income.
1
0
Income due to a person before death but not collected until afterward.
1
1
(archaic) A coming in as by influx or inspiration, hence, an inspired quality or characteristic, as courage or zeal; an inflowing principle.
noun
1
1
(UK dialectal, Scotland) A disease or ailment without known or apparent cause, as distinguished between one induced by accident or contagion; an oncome.
noun
1
1
(archaic) The act or an instance of coming in.
noun
3
4
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The money or other gain received, esp. in a given period, by an individual, corporation, etc. for labor or services or from property, investments, operations, etc.
noun
3
4
(archaic or dialectal, Scotland) A new-comer or arrival; an incomer.
noun
1
2

Other Word Forms

Noun

Singular:
income
Plural:
incomes

Origin of income

  • Middle English arrival, entrance from incomen to come in from Old English incuman in in in1 cuman to come come

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Middle English, equivalent to in- +‎ come. Cognate with Dutch inkomen (“income, earnings, gainings”), German Einkommen (“income, earnings, competence”), Icelandic innkváma (“income”), Danish indkomst (“income”), Swedish inkomst (“income”).

    From Wiktionary