Dictionary

income

noun in·come \ˈin-ˌkəm also ˈin-kəm or ˈiŋ-kəm\

: money that is earned from work, investments, business, etc.

Full Definition of INCOME

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>
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First Known Use of INCOME

14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer
INCOME Defined for Kids

income

noun in·come \ˈin-ˌkəm\

Definition of INCOME for Kids

:  a gain usually in money that comes in from labor, business, or property
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