Income Meaning Of The Word

Income synonyms income pronunciation income translation english dictionary definition of income.

Income meaning of the word. A person s or organization s income is the money that they earn or receive as opposed. For years her only source of income was the small number of stocks her father left her. Income is the revenue a business earns from selling its goods and services or the money an individual receives in compensation for his or her labor services or investments. Compound terms using income and what they mean.

Income from wages salaries interest dividends business income capital gains and pensions received during a given tax year are considered taxable income in the united states. Per capita is latin for per head it means per head of the population. The amount of such gain received in a period of time. Meaning pronunciation translations and examples.

Income definition revenue received for goods or services or from other sources as rents or investments. The amount of money or its equivalent received during a period of time in exchange for labor or services from the sale of goods or property or as. Businesses report this figure on the income statement whereas individuals report theirs on the form 1040. Money that is earned from doing work or received from investments.

Also known as income per capita or gdp per capita is the total gdp gross domestic product of a country city or region divided by its population.