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English definition of “income”

income

noun [C or U]
 
 
/ˈɪŋkʌm/ ECONOMICS, FINANCE, ACCOUNTING, WORKPLACE
money earned by a person, company, government, etc. over particular period of time: an income of To qualify, you must have an income of $24,000 or less.earn/have/receive (an) income Your hobby could become a part-time way of earning income.generate/provide (an) income Some 40,000 farm families generate income from apple growing.income from/on sth More than 35% of personal revenue came from income on earned interest-bearing accounts. family/household income annual/monthly/quarterly incomeafter-tax/pre-tax/post-tax income We were pleased to see revenues and pre-tax income improve for the second consecutive quarter. a high/low income additional/extra income current/future income a regular/steady income pension/retirement income She received rental income of about £12,000 a year from the property. For many students, summer jobs are their source of income for the upcoming school year.
→ See also accrued income, adjusted gross income, average income, corporate income tax, deferred income, discretionary income, disposable income, dividend income, earned income, expendable income, federal income tax, federal taxable income, fixed-income, gross income, high-income, individual income tax, investment income, low-income, middle income country, money income, national income, negative income tax, net income, net operating income, operating income, personal income, personal income tax, premium income, private income, psychic income, real income, residual income, sales income, state income tax, taxable income, tax-exempt income, transfer income, unearned income, unreported income
(Definition of income from the Cambridge Business English Dictionary © Cambridge University Press)
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