Income

Income

Income is the consumption and savings opportunity gained by an entity within a specified timeframe, that is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time."

Read more about Income.

Famous quotes containing the word income:

    “There are few sorrows, however poignant, in which a good income is of no avail.”
    —Logan Pearsall Smith (1865–1946)

    “Strictly speaking, every citizen above a certain level of income is guilty of some offense.”
    —Max Frisch (1911–1991)

    “The secret of success lies never in the amount of money, but in the relation of income to outgo.”
    —Ralph Waldo Emerson (1803–1882)