Definition, Meaning & Synonyms
steady-income
noun
/ˈstɛdi ˈɪnkʌm/
Definition
A source of regular and reliable revenue that a person or organization receives consistently over time.
Examples
- Many people prefer jobs that offer a steady-income to ensure financial stability.
- Investments in real estate can generate a steady income through rental payments.
- She started a side business to create a steady income alongside her primary job.
Meaning
Steady income refers to a financial flow that does not vary significantly from month to month, providing predictability in budgeting and spending.
Synonyms
- consistent revenue
- stable earnings
- reliable income
- regular pay
- fixed income
