Definition, Meaning & Synonyms
income
noun
/ˈɪn.kʌm/
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Definition
Income is the money received, especially on a regular basis, for work or through investments.
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Examples
- Your income determines your ability to save and invest for the future.
- Many people rely on a steady income from their jobs to meet daily expenses.
- The company’s income increased due to higher sales and lower overhead costs.
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Meaning
Income refers to the financial gain that an individual or organization receives, which can come from various sources such as salaries, wages, investments, or rental properties.
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Synonyms
- earnings
- revenue
- salary
- wages
- profit