IN'COME, n. in'cum. [in and come.] That gain which proceeds from labor, business or property of any kind; the produce of a farm; the rent of houses; the proceeds of professional business; the profits of commerce or of occupation; the interest of money or stock in funds. Income is often used synonymously with revenue, but income is more generally applied to the gain of private persons, and revenue to that of a sovereign or of a state. We speak of the annual income of a gentleman, and the annual revenue of the state. 1. A coming in; admission; introduction. [Not in use.]
nounDate: 14th century 1. a coming in ;entrance, influx<fluctuations in the nutrient income of a body of water> 2. a gain or recurrent benefit usually measured in money that derives from capital or labor; also the amount of such gain received in a period of time <has an income of $30,000 a year>
n. the money or other assets received, esp. periodically or in a year, from one's business, lands, work, investments, etc. Phrases and idioms: income group a section of the population determined by income. income tax a tax levied on income. Etymology: ME (orig. = arrival), prob. f. ON innkoma: in later use f. come in
Income In"come, n. 1. A coming in; entrance; admittance; ingress; infusion. [Obs.] --Shak. More abundant incomes of light and strength from God. --Bp. Rust. At mine income I louted low. --Drant. 2. That which is caused to enter; inspiration; influence; hence, courage or zeal imparted. [R.] I would then make in and steep My income in their blood. --Chapman. 3. That gain which proceeds from labor, business, property, or capital of any kind, as the produce of a farm, the rent of houses, the proceeds of professional business, the profits of commerce or of occupation, or the interest of money or stock in funds, etc.; revenue; receipts; salary; especially, the annual receipts of a private person, or a corporation, from property; as, a large income. No fields afford So large an income to the village lord. --Dryden. 4. (Physiol.) That which is taken into the body as food; the ingesta; -- sometimes restricted to the nutritive, or digestible, portion of the food. See Food. Opposed to output. Income bond, a bond issued on the income of the corporation or company issuing it, and the interest of which is to be paid from the earnings of the company before any dividends are made to stockholders; -- issued chiefly or exclusively by railroad companies. Income tax, a tax upon a person's incomes, emoluments, profits, etc., or upon the excess beyond a certain amount. Syn: Gain; profit; proceeds; salary; revenue; receipts; interest; emolument; produce.
(incomes)Frequency: The word is one of the 1500 most common words in English. A person's or organization's income is the money that they earn or receive, as opposed to the money that they have to spend or pay out. Many families on low incomes will be unable to afford to buy their own home...N-VAR