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- Dictionaryincome/ˈɪŋkʌm/
noun
- 1. money received, especially on a regular basis, for work or through investments: "he has a nice home and an adequate income"
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noun
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Consumption and savings opportunity gained by an entity within a specified timeframe
Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law. Wikipedia