Meaning of “income” in the English Dictionary

american-english dictionary

"income" in British English

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incomenoun [ C or U ]

uk /ˈɪn.kʌm/ us /ˈɪn.kʌm/

B2 money that is earned from doing work or received from investments:

Average incomes have risen by 4.5 percent over the past year.
More help is needed for people on low incomes.
I haven't had much income from my stocks and shares this year.

a company's profit in a particular period of time:

The company's income has greatly improved: profit rose more than 50 percent last year.

More examples

  • The report shows that poor families spend a larger proportion of their income on food.
  • The money I get from teaching evening classes provides a supplement to my main income.
  • It's an organization that offers free legal advice to people on low incomes.
  • St Lucia depends on its clean coastal waters because fishing and tourism provide much of its income.
  • There are severe penalties for failing to declare all your income to the tax authorities.

(Definition of “income” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"income" in American English

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incomenoun [ C/U ]

us /ˈɪn·kʌm, -kəm/

money that is earned from doing work or received from investments

(Definition of “income” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"income" in Business English

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incomenoun [ C or U ]

uk /ˈɪŋkʌm/ us 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 income
after-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
current/future income
a regular/steady 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.

(Definition of “income” from the Cambridge Business English Dictionary © Cambridge University Press)