English · Work & Business
income
/ˈɪn.kʌm/
[/ˈɪn.kʌm/]
money received
Intermediatenoun
Definition
The money that a person or organization receives, especially regularly, from work or investments.
Example
A large part of their household income goes toward rent and monthly food expenses.
A large part of their household income goes toward rent and monthly food expenses.
Etymology
From Middle English, literally 'that which comes in', from 'in' plus 'come'.
How & Where It’s Used
Used in personal finance, economics, and taxation.