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English definition of “personal income”

personal income

noun [C or U]    
FINANCE, ACCOUNTING money earned by a person over a particular period of time: Try to make sure that your personal income does not exceed £37,075, the starting point for a higher rate of tax. Personal income rose 0.5% in July, substantially above what analysts had predicted.
(Definition of personal income noun from the Cambridge Business English Dictionary © Cambridge University Press)
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