- Archaic the act or an instance of coming in
- 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.
Origin of income
ME: see in and come
noun
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.
YourDictionary definition and usage example. Copyright © 2018 by LoveToKnow Corp
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"income." YourDictionary, n.d. Web. 13 December 2018. <https://www.yourdictionary.com/Income>.
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income. (n.d.). Retrieved December 13th, 2018, from https://www.yourdictionary.com/Income
income
Webster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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income. (n.d.). Retrieved December 13th, 2018, from https://www.yourdictionary.com/Income
income
noun
- 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.
- The act of coming in; entrance.
Origin of income
Middle English arrival, entrance from incomen to come in from Old English incuman in in ; see in 1. cuman to come ; see come .THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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income. (n.d.). Retrieved December 13th, 2018, from https://www.yourdictionary.com/Income
Noun
(plural incomes)
- Money one earns by working or by capitalising on the work of others.
- (archaic or dialectal, Scotland) A new-comer or arrival; an incomer.
- (archaic) A coming in as by influx or inspiration, hence, an inspired quality or characteristic, as courage or zeal; an inflowing principle.
- (UK dialectal, Scotland) A disease or ailment without known or apparent cause, as distinguished between one induced by accident or contagion; an oncome.
English Wiktionary. Available under CC-BY-SA license.
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income. (n.d.). Retrieved December 13th, 2018, from https://www.yourdictionary.com/Income
income - Legal Definition
n
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.
adjusted gross incomeGross income minus deductions permitted by the Internal
Revenue Code.
gross incomeIncome prior to any exemptions, exclusions, or deductions.
imputed incomeThe doctrine that, under certain circumstances, a taxpayer
realizes taxable income as a result of the use or consumption of his or her own
property.
income in respect of a decedentIncome due to a person before death but not
collected until afterward.
net incomeIncome after all exemptions, exclusions, and deductions.
ordinary incomeIncome from routine or everyday activities, such as the
operations of a business or the labor of an individual.
taxable incomeSame as net income.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"income." YourDictionary, n.d. Web. 13 December 2018. <https://www.yourdictionary.com/Income>.
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income. (n.d.). Retrieved December 13th, 2018, from https://www.yourdictionary.com/Income
Sentence Examples
- This income will not be regarded as welfare.
- He had a good income and access to his father's equipment.
- Despite Count Bezukhov's enormous wealth, since he had come into an income which was said to amount to five hundred thousand rubles a year, Pierre felt himself far poorer than when his father had made him an allowance of ten thousand rubles.
- There will be so much wealth that a minimum income will be guaranteed to everyone.
- Or these jobs can be divorced from economic realities, as the struggling painter or actor decides simply to do what he loves and live off the minimum income afforded by this planet-wide prosperity.
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