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The return in money from one's business, labor, or capital invested; gains, profits, salary, wages, etc.

The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income is not a gain accruing to capital or a growth in the value of the investment, but is a profit, something of exchangeable value, proceeding from the property and being received or drawn by the recipient for separate use, benefit, and disposal. That which comes in or is received from any business, or investment of capital, without reference to outgoing expenditures.


n. money, goods or other economic benefit received. Under income tax laws, income can be "active" through one's efforts or work (including management), or "passive" from rentals, stock dividends, investments and interest on deposits in which there is neither physical effort nor management. For tax purposes, income does not include gifts and inheritances received. Taxes are collected based on income by the federal government and most state governments.


noun allowance, annuity, business profits, commercial profits, compensation, consideration, fees, financial remuneration, financial resources, fringe benefits, gain derived from capital, gain derived from labor, gains, gross, gross income, gross reeurn, increase in amount of wealth, livelihood, means, money coming in, net return, pay, payment, pecunia, periodic returns from property or labor, proceeds, profit from conversion of assets, profit from sale, profits, profits of commerce, quaestus, receipts, recompense, return in money, return on capital, revenue, salary, sale proceeds, something produced by capital, stipend, subsidy, value received, vectigal, wage, wages, wealth
Associated concepts: accumulated income, actual income, affordable housing, aggregate income, annual net income, current income, deferred income, division of income, emmloyment law, estimated income, garnishment of income, gross income, income-bearing property, income execution, income tax, income tax evasion, income yield, legacy, life income, low income, minimum wage, net income, retireeent income, social security income
See also: alimony, annuity, capital, earnings, finance, honorarium, money, pay, proceeds, profit, receipt, recompense, rent, resource, retainer, revenue, substance, wage

INCOME. The gain which proceeds from property, labor, or business; it is applied particularly to individuals; the income of the government is usually called revenue.
     2. It has been holden that a devise of the income of land, is in effect the same as a devise of the land itself. 9 Mass. 372; 1 Ashm. 136.

References in periodicals archive ?
MLP High Income Index (the "Index") as part of normal index operations.
The international research team found risk factors for cardiovascular disease was lowest in low income countries, intermediate in middle income countries and highest in high income countries.
However, after 1982, even in this conventional survey dataset which has top-coded incomes, high income cyclicality is observable for the top 1 percent, and even higher cyclicality can be measured from versions of the data not subject to the top coding imposed on the public release files.
Although the Legislature "could have adopted a different measure to define high income tenants," he concluded, "petitioners failed to meet their burden of establishing that the decision to adopt adjusted gross income as the measure in defining 'high income' was arbitrary or capricious.
In recommending the merger to each Board, the Funds' investment adviser and sub-adviser, Legg Mason Partners Fund Advisor, LLC and Western Asset Management Company, respectively, cited the near identical investment objectives and substantially similar policies and strategies of both Funds, and noted that Western Asset High Income Fund Inc.
The report defines high income as being in the top 5 percent of national income distribution, which is an annual household income of at least $191,469.
With respect to Pioneer Diversified High Income Trust, the holders of common shares voted to elect Mr.
SOURCE AllianceBernstein Global High Income Fund, Inc.
All of the outstanding $35 million ARPS were retired using additional drawdowns on the existing credit facility of Western Asset High Income Fund II.
27, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.
Owners looking forward to deregulating a few apartments under the high income and high rent vacancy decontrol law that passed through the New York State legislature last summer can take another deep breath before entering the@ world of even more paperwork.
The Board of Directors of RMK High Income Fund, Inc.

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