Money received from employment (earned income) or investments (unearned).
A source of money with which to save and pay household expenses. Common sources of income include salary from a job, self-employment earnings, alimony and child support payments, gifts, tax refunds, and public assistance.
is money received by a person or organization because of effort (work), or from return on investments.
Payment to mutual fund shareholders of interest or dividends generated by a fund's investments.
Earnings on an investment. In stocks, income comes in the form of dividends; in bonds or cash investments, as interest payments.
The amount of money ( nominal or real) received by a person, household, or other economic unit per unit time in return for services provided or goods sold. National income. The return earned on an asset per unit time.
a flow of money, goods or services to any economic agent or unit; such flows can take a variety of forms: labor yields wages, capital yields interest, land yields rent, entrepreneurship yields profit. The concept of income extends more widely than a cash receipt: a person who lives in his own house effectively derives an income in the form of housing consumption worth the rental values of his property. economics & business
The return from an investment on a sustainable basis.
Economic gain resulting from the production of goods and services, including receipts from the sale of commodities, other cash payments, increases in inventories, and accounts receivable. See Revenue.
money received. For example, tourism which brings money into Kenya provides income for Kenyan workers and for the government.
Money you make from a job or from business or property.
Earnings, profit or revenue. It mean sales and all forms of income benefits, not necessarily in cash.
or revenue or earnings - all the money received by a person or company during a given period (wages, salaries, rent, business profits, dividends, etc.).
An undefined term, used rather loosely. Can be used as a synonym for profit (e.g. in US parlance 'net income' means profit after tax). Sometimes also, confusingly, used to mean revenue.
Money earned through dividends or interest (but not capital gains). Gross Income is total money earned, while Net Income is the gross income minus expenses, fixed charges and taxes. Also referred to as net investment income.
Interest payments for bonds, dividends for stocks. The most reliable portion of investment return.
Your income is the total amount of money you receive from all sources, including wages, commissions, bonuses, government or retirement benefits, compensation claims, interest and dividends on all investments.
the financial gain (earned or unearned) accruing over a given period of time
Income is the aggregate of wages and salaries, net farm and non-farm self-employment income, interest, dividends, net rental and royalty income, Social Security and railroad retirement income, other retirement and disability income, public assistance income, unemployment compensation, Veterans Administration payments, alimony and child support, military family allotments, net winnings from gambling, and other periodic income.
Regular earnings, generally from corporate dividends and interest on bonds.
Generally, the return in money or property derived from the use of principal. Examples include rents, interest, dividends, royalties and receipts from business operations. The definition of income for purposes of all types of split-interest trusts varies slightly from state to state.
That which comes in as the periodical produce of one's work, business, lands, or investments, commonly expressed in terms of money (OED). Many households, particularly in the non-industrialized world, have multiple sources of diverse incomes, including firewood gathered from common lands, food grown in a kitchen garden, and work payments in money and goods. This may make estimation of income as a sum of money misleading.
The payment for goods or services from a university client who does not have a UC expenditure account or from a non-university client. Income is tracked in the campus accounting system with financial object code 006x and budget object INCO. See Revenue and Recharge for additional payment information.
The flow of money to an investor, typically through dividends or interest payments.
Payments earned by households for selling or renting their productive resources. For example, workers receive wage or salary payments in exchange for their labor. View Capstone Lesson(s) that address this concept
SSI Income is: Earned Income: Money received from wages, including from a sheltered workshop or work activity center, self-employment earnings, and some royalties and honoraria. Unearned Income: Money received from all other sources, e.g., gifts, interest, Social Security, Veteran’s benefits or pensions. Unearned income also includes "in-kind" income (free food, shelter, or clothing) and "deemed" income (some of the income of a spouse, parent or sponsor of an alien.)
For the purpose of fiduciary accounts, "income" means rents, interest, dividends, or other periodic receipts for the use of property, or profits from business operations, and may not be the same as income for tax purposes.
Rent, wages, interest, and profit; payment received by the owners of productive resources, including labor.
The monetary payment received for goods or services, or from other sources, such as rents or investments; revenue; receipts.
Earnings from wages and salaries.
The amount of money an individual earns.
Money received for work performed or from investments; may include salaries, wages, dividends, bonuses, interest, etc. View LEI Lesson(s) that address this term
managers invest with a focus on yield-producing instruments and current income, with capital appreciation as a secondary focus
An income strategy for investments is one which seeks to achieve a minimum level of income from the investment to fund day-to-day spending (often used by retired people).
for purposes of determining eligibility for programs, income includes earned wages, earnings from self-employment, royalties, annuity payments, pension payments, disability benefit payments, veterans compensation and pension, workmen's compensation payments, old age survivor and disability insurance benefit payments (including Social Security payments), unemployment insurance payments, prizes, support and alimony payments, inheritances, and earned rents or dividends. If married and living in the same household, the income of the individual and that of the spouse will be added together in determining whether a beneficiary is a subsidy-eligible individual. The same is true of determining the value of assets.
All funds received by someone from whatever source.
The portion of investment return that derives from interest or dividend payments. A fund distributes 98% of the income from its investments to shareholders that pay the tax on it. This income is taxed at an individual's ordinary income tax rate.
( see Accounting chapter) is XE "income" the increase in ownership of an accounting entity, as profitable activity is conducted, and is equal to revenue minus expenses.
the monetary payment received for services performed, goods sold, or revenue from investments
Money you get from work or from other places. If you get an allowance, that is income. If you earn interest from a savings account at a bank, that is also income.
The interest earned by the trust assets. May also include rents or royalties from assets in the trust.
Money received from wages (earned) or from investments (unearned).
In the context of mutual funds, typically refers to a monthly or quarterly dividend paid.
Return from securities such as interest from bonds as well as dividends from preferred and common stocks.
Interest, dividends, rents, or other money derived from the earning power of the principal.
The difference between revenue and expenses
The gain that proceeds from property, labor, or business. For purposes of figuring rent in subsidy programs, income includes but is not limited to: annual gross income including welfare assistance; unemployment and disability compensation, interest, dividends, and child support payments.
Money or other benefit from the investment of labor or capital.
The amount of money an individual receives in a particular time period.
Income, Capital Appreciation Corporate and Government Debt Interest Rate, Some Credit
The return on your investment that arises from dividends and interest earned by the fund.
Money that comes in from property, business or work
The amount of money one earns. This can be through one's job or through investments, etc..
An amount of money which a person earns over a particular period of time.
Amount of money received or earned over a period of time.
Money earned from work or business.
Income refers to money you earn through work or employment. Some people's income is paid on a fortnightly basis, others weekly, even monthly.
the positive difference where revenue is greater than expenses.
The amount earned by people. Personal income can include wages, interest, rent and profit. Interest is earned from savings held in a bank.
Revenue gained during the year from the provision of services to the community. Some funding sources are not classed as income - for example, loans and the proceeds from the sale of assets. In the latter cases only proceeds in excess of the net book value of the asset is classed as income.
The amount of "accounting money" allotted to a person each year. Income for any individuals or unit would be average or more or less depending on loans, debts, special need, and work load.
This term has a different and specific meaning in trust law. Includes interest paid on Bonds, CDs and other securities generally called “Fixed Income Investments” and dividends paid on stock. Capital gains would be considered “income” for federal income tax purposes, but not under trust law and accounting.
The amount of money received during a period of time.
A component of the distribution made to investors by a fund of any earnings including net realised capital gains incurred within a particular accounting period.
In charts J58 and J59, total income refers to income from all sources including earnings from paid employment or self-employment, investment income, retirement pensions, government transfers, and other income, before deduction of federal and provincial income taxes.
As defined by PRWORA, income is any periodic form of payment to an individual, regardless of source, including wages, salaries, commissions, bonuses, worker's compensation, disability, pension or retirement program payments and interest. All income is subject to income withholding for child support, pursuant to a child support order, but is protected by Consumer Credit Protection Act limits, both state and federal.
The flow of payments received for the supply of land, labor, and/or capital.
regular payments derived from an investment. This can be interest from cash, dividends from shares or rent from property.
The amount of money earned as a result of completing a job.
Gross earned income, less business expenses, but before any other deductions. Income includes salaries, wages, fees, commissions, bonuses, business profits or other payments for personal services. It does not include unearned income from savings, investments, or real property.
Sources of revenue such as salary, bonuses, interest, investment income, etc.
An amount of money received for something such as labor, services rendered, or sale of property or possessions.
Money that the organization has received from contributions, grants, the performance of services, etc. GuideStar takes this figure from line 12 of IRS Form 990. These are net figures from which rental expenses, costs, sales expenses, direct expenses, and costs of good sold (lines 6b, 8b, 9b, and 10b on Form 990) have been deducted. If GuideStar currently has no Form 990 information, the figure is taken from the IRS Business Master File. Income listed on the Business Master File is a gross figure that includes the expenses listed above. For Form 990-EZ, the BMF income figure is generated by using line 9 of Part I and adding in the expense items, i.e. line 5b (Cost or Other Basis and Sales Expenses). The BMF income amount for the Form 990-PF is generated by using Part I, line 10b (Cost of Goods) and adding line 12, Column a (Total Revenue) and Part IV, line 1, column g (Cost or Other Basis plus Expense of Sale).
The word "income," in its broad sense, is the gain derived from capital, labor, or a combination of the two. It is distinguishable from the capital itself. Ordinarily, for income tax purposes, the word "income" is not used alone. Rather it is used within such descriptive terms as gross income, taxable income, and adjusted gross income, all of which are defined elsewhere in this glossary.
Net revenue earned by the company after deducting its expenses
Money earned or regularly received.
Earnings from work or investment. Also called compensation.
1) Payments of dividends, interest, and/or short term capital gains earned by securities held by a fund. Income dividends are paid after deducting operating expenses. 2) An investment objective of many fixed income funds. Capital appreciation is not a consideration for these funds.
The amount of money a person earns.
Refers to money (or other assets) received. Generally treated on an annual basis (Income and Expenditure Account) with longer-term "capital" assets likely to be separately listed on a "balance sheet". Income can be sub-divided into "earned" or "contributed" and may derive from sales, trading, investment, donations, sponsorship, etc.
Sources of revenue including your salary, bonuses, interest and investment income. Income is one area of financial information that lenders review during the mortgage lending process.
Receipts or benefits, usually in the form of money, regularly accruing from labor, business, or property. [D02833] Webster
Money received by a business from its commercial activities. See 'Revenue'.
Money that comes into the troop
The payments made for the use of borrowed or loaned money.
Sales. Revenue. Amount charged to customers for goods or services rendered.
Money or its equivalent, earned or accrued, arising from the sale of goods or services.
The amount of income you receive will affect the amount of benefit you can get. This includes all types of income from earnings and other benefits to capital (an assumed interest amount is taken called tariff income. #1 per week is added to your income for every #250 of capital over #3000 or over #10000 if you are over 65 years old).
Total revenue and/or funds received from all sources.
The money you get. This includes a wage from an employer, benefits and any other money being paid to you.
The money derived from an investment, through interest, dividends, or capital gains.
A term used in accounting to represent (1) revenues or (2) the excess of revenues over expenses.
What a person or country earns or gains in money from working, selling or trading.
Amount of money received from any or all of the following: wages, interest, dividends, sales or rental of property or services, business or farm profits, certain welfare programs, and subsistence allowances such as taxable and non-taxable social security benefits and child support.
This is the usual gross weekly income of all people aged 15 years and over. It is the income before tax, superannuation, health insurance, and other deductions. It includes income from family allowance and supplement, pensions, unemployment benefits, student allowance, maintenance (child support), superannuation, wages, salary, overtime, dividends, rents received, interest received, farm or business income (less operation expenses) and workers compensation. Household income is the sum of the personal incomes of each resident present in the household.
The money a person or company has coming in from any source. Income is made up of the amount received from both personal and investment earnings, as well as realized capital gains.
What you earn, including your salary or wages, overtime payments, interest and dividends, rental income etc. Lenders will need to know your income when you apply for a loan.
money received. Salaries and wages are examples of earned income while gifts, government benefit checks, interest and rent are referred to as unearned income.
Money that is derived from assets held and earnings (such as rent and interest) but not "purchase money" (land converted into money).
Money or its equivalent, earned periodically by an individual, a corporation, etc., in return for goods or services provided. Opposite of loss.
For the Student Allowance, income is money you and your partner get from any source, taxable or non-taxable - including wages, salary, interest from savings or investments, dividends from shares, income from a family trust, farm or business, maintenance payments, child support, paid parental leave, income from boarders or rent, private superannuation, weekly accident insurance payments, scholarships or any other source. A Student Allowance or Student Loan isn't counted as income.
the amount of money received through wages, rents, investments, pensions and subsidy payments for a given period (50)
Any appreciable gain in real or personal property (cash or kind) a client receives on or after the first of the month in which eligibility is determined, and can apply toward meeting the requirements of the client, directly or by conversion into cash or its equivalent. See: Income -- Treatment of Income / Excluded and disregarded income; / Income exclusions for SSI-related medical; / Unearned income; / Earned income; and Verification
Money from sales, or revenue flowing into the firm.
Money earned by the business. Must be greater than outgo. Provides for the payment of Salaries, Profit and Business expenses.
Periodic interest or dividend distributions obtained from a fund.
As defined by the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) of 1996, income is any periodic form of payment to an individual, regardless of source (wages, salaries, commissions, bonuses, workers' compensation, disability, pension or retirement program payments, interest, etc.). All income is subject to withholding for child support provided it does not exceed the state or federal Consumer Credit Protection Act limits.
Dividends, interest, and/or short-term capital gains paid to a shareholder.
typically refers to the interest and dividends paid to investors in bonds and stocks.
Generally any money received including wages or salary; social security payments or Income returns.
All forms of personal revenue, including salary, dividens received, rent received, etc.
The payment of money which we receive in return for work which has been done.
a gain in money usually as a result of business or labor
For corporations, same as earnings. For individuals, money earned through employment and investments
money you receive from work, gifts, business, investments, etc.
Money earned through employment and investments. Area median income refers to the average amount of money (as defined by HUD) that is being made in each family in a given area. · Extremely low income – income that is below 30% of the area median income · Very low income – income that below 50% of the area median income · Low income – income that ranges between 50% and 80% of the area median income · Moderate income – income that ranges between 80% and 100% of the area median income
The money or other benefit coming from the use of Property, skill, or business.
Earnings, generally from interest or dividends, that are credited or paid to an investor.
Dividends or interest received by owners of equity or bonds respectively. Dividends represent a portion of earnings paid to shareholders while interest is compensation to bondholders in the form of cash or more bonds for the lending of capital. Reinvested income can significantly add to returns. See Projected Income.
regular and recurring cash receipts from all sources including moneys received from wages or salary, government pensions and allowances, and other regular receipts such as superannuation, child support and property income.
The sum of revenues earned in a specific period of time. It includes revenues from salaries, wages, benefits, tips, and commissions, profits from operating a business or profession, and investments earned.
Earnings from a job or an investment .
A reoccurring gain or benefit of money determined by labor or capital.
Money that is earned by a company.
regular payments from an investment derived from interest on cash or bonds, dividends on shares, or rent from investment properties.
The earnings, gains, or profits arising from the productive investment or use of the property constituting the principal or capital of an estate or fund.
As defined by the Census Bureau income is wage or salary income; self-employment income; interest, dividend, or net rental income; Social Security income; public assistance income; all other income, which includes unemployment compensation, veterans' payment, pensions, alimony, etc.
Revenue earned or received by households that can be used for consumption or saving. For the aggregate economy, earned income is termed national income, while received income is termed personal income. The key is that income for the aggregate economy is generated in the production of goods and services.
The amount of money received for labor, for services, from the sale of goods or property, or from investments.
Money or other benefits coming from the use of property, skill or business. The excess of revenue over expenses and losses for an accounting period.
indicated dividend indicated yield
Money received by an individual as a salary, or from investments. Cash deposits and Bonds will provide income in the form of interest. UK Shares will, in most but not all cases, provide income in the form of twice-yearly dividends. The most notable exceptions are the high growth, 'new economy' stocks that came to prominence in the late 1990s which generally do not pay dividends. This income is subject to Income Tax.
Inflow of REVENUE during a period of time. (See NET INCOME.)
The amount received from all sources, including wages, commissions, bonuses, Social Security and other retirement benefits, unemployment compensation, disability, interest, and dividends.
The amount of money received from employment (salary, wages, tips), profit from financial instruments (interest, dividends, capital gains), or other sources (welfare, disability, child support, Social Security, and pensions).
Receipts from investments owned.
The amount of money you earn, such as wages and salaries, rental income, interest and government allowances. For a business or a company, income is equal to revenue less expenses.
This term is used in several ways. Some use the word interchangeably with revenues. Others use the word to signify a net amount, such as income from operations (revenues minus expenses in the company's main operating activities). Still others use it when referring to nonoperating revenues, such as interest income. To Top
The money generated through the investment of the capital. For example, dividends and interest.
Interest and dividends earned on a fund's investment portfolio, net of operating expenses, and net realized gains on investment securities sold. These amounts are distributed to shareholders in the form of income dividends, short-term capital gains distributions, and long-term capital gains distributions.
Money earned on a security from interest or dividends.
"Total income" is the sum of the amounts reported separately for wages, salary, commissions, bonuses, or tips; self-employment income from own non-farm or farm businesses, including proprietorships and partnerships; interest, dividends, net rental income, royalty income, or income from estates and trusts; Social Security or Railroad Retirement income; Supplemental Security Income (SSI); any public assistance or welfare payments from the state or local welfare office; retirement, survivor, or disability pensions; and any other sources of income received regularly such as Veterans' (VA) payments, unemployment compensation, child support, or alimony. (Bureaus of Economic Analysis)
Income is the amount of money received from employment, i.e. salary, wages, etc., and profit from financial instruments, i.e. interest, dividends, capital gains or from other sources.
Amount earned or gained, not return of capital
The amount of money a person has coming to them over a period of time
Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. For example, for individuals income usually means the gross amount on their payslips, i.e. amount before any tax and other deductions has been made by their employer.
