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Money received, especially on a regular basis, for work or through investments
His monthly income from his job is sufficient to cover his expenses.
She earns a significant income from her investments.
Income can be earned through salaries, wages, dividends, or rental income.
The total amount of money received by an individual or household over a period of time
The government tracks income data to assess economic health.
Their combined income allows them to save for a vacation.
Understand how different types of income (e.g., capital gains, rental income) are taxed differently.
Always report all sources of income accurately to avoid legal issues.
From Middle English 'incomen', from Old French 'encomer', meaning 'to come in'
Income is often distinguished from wealth, which refers to accumulated assets.