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Income
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Tax Planning

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Income

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Personal Finance Advice

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Services Tax

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Income Definition

–noun
1.the monetary payment received for goods or services, or from other sources, as rents or investments.
2.something that comes in as an addition or increase, esp. by chance.
3.Archaic. a coming in.
From Dictionary

Related topics from Britannica

  • income tax
    levy imposed on individuals (or family units) and corporations. Individual income tax is computed on the basis of income received. It is usually classified as a direct tax because the burden is ...
  • disposable income
    that portion of an individual's income over which the recipient has complete discretion. An accurate general definition of income is not easy to provide. Income includes wages and salaries, interest ...
  • incomes policy
    collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of ...
  • income and employment theory
    a body of economic analysis concerned with the relative levels of output, employment, and prices in an economy. By defining the interrelation of these macroeconomic factors, governments try to create ...
  • personal income tax
    a tax imposed by public authorities on the incomes of individuals or family units. See income tax.
  • national income accounting
    a set of principles and methods used to measure the income and production of a country. There are basically two ways of measuring national economic activity: as the money value of the total ...
  • corporate income tax
    a tax imposed by public authorities on the incomes of corporations. See income tax.
  • wealth and income, distribution of
    the way in which the wealth and income of a nation are divided among its population, or the way in which the wealth and income of the world are divided among nations. Such patterns of distribution ...
  • accounting
    From an economic point of view, income is defined as the change in the company's wealth during a period of time, from all sources other than the injection or withdrawal of investment funds. This ...
  • international payment and exchange
    Prices may rise even when aggregate demand is not in excess of the supply potential. This may be due to wage increases and other factors. Some hold that this can be dealt with through efforts to ...
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    Houston Chronicle - Found Oct. 10, 2008
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