See Also: income tax(dictionary)
Net Income(money)
income(1)(dictionary)
income(2)(dictionary)
Income(finance)
income(dictionary)
Income tax(money)
Tip income(finance)
Income tax(finance)
Net income(finance)

income(1) (iou)



income noun1. ME.
[In early use from Old Norse innkoma arrival; later from IN adverb + COME verb.]
Entrance, arrival; beginning. Now rare exc. Scot. ME.
b. spec. The coming of divine influence into the soul. Now rare or obsolete. M17.
A fee paid on entering, an entrance fee. M16-E18.
A newcomer, a new arrival. Now chiefly Scot. M16.
The (amount of) money or other assets received or due to be received from employment, business, investments, etc., esp. periodically or in the course of a year. Formerly also in pl., receipts, emoluments. L16.
J. K. Galbraith Men who are without work do miss the income they no longer earn. G. Orwell His total income was fifteen shillings a week. C. G. Wolff The couple managed to live very well on the income from their combined inheritances.
Comb. & phrases: FIXED income; income group a section of the population graded by income; incomes policy a Government policy aimed at controlling inflation by restricting increases in wages, dividends, etc.; income support a system by which people on low incomes can, according to their circumstances, claim a payment from the State; income tax: levied on personal income; negative income tax (a scheme entailing) a State payment to an individual based on the extent to which his or her income is below a prescribed level; national income: see NATIONAL adjective; psychic income: see PSYCHIC adjective; unearned income: see UNEARNED adjective.
incomeless adjective E19.