Income meaning

ĭn'kŭm'
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.

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(UK dialectal, Scotland) A disease or ailment without known or apparent cause, as distinguished between one induced by accident or contagion; an oncome.
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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.
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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.
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Income due to a person before death but not collected until afterward.
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Same as net income.
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(archaic) A coming in as by influx or inspiration, hence, an inspired quality or characteristic, as courage or zeal; an inflowing principle.
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Gross income minus deductions permitted by the Internal Revenue Code.
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Income prior to any exemptions, exclusions, or deductions.
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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.
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Income after all exemptions, exclusions, and deductions.
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Income from routine or everyday activities, such as the operations of a business or the labor of an individual.
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Money one earns by working or by capitalising on the work of others.
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(archaic or dialectal, Scotland) A new-comer or arrival; an incomer.
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The act of coming in; entrance.
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The act or an instance of coming in.
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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.
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Origin of income

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”).

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.

  • At the same time, the percent of income we individually have to spend on feeding ourselves plummeted as well.

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Words near income in the Dictionary