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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.

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 ?
The Cabinet also discussed ways of monitoring and addressing the social security requirements to cover all segments of low-income groups and directed the relevant ministry to conduct field surveys, to develop long-term plans, and to propose urgent solutions to a range of topics.
After the Cabinet meeting on Sunday, he said: "I made that call to deliver the voice of low-income groups to the leadership.
They note that the average age of individuals in the middle- and high-income groups has increased since the 1976-80 period, while the average age of those in the low-income group has decreased.
For low-income group, perhaps perception about the insurance does not so much act as hindrance as monetary constraints do.
Many experts would prioritize public treatment and assistance programs for the estimated 1.1 million HIV-positive Americans, particularly given that the disease is hitting low-income groups disproportionately hard.
It's just a pity they spent pounds 60million of public money on plans for it before they realised that as a Government supposedly committed to social justice, they were about to financially paralyse those low-income groups they'd promised to protect.
To hold a conference bringing together legal clinic staff and volunteers with people who provide social services outside the legal system to discuss building accessible responsive support systems for low-income groups. $90,900 over one year.
* Publicizing the taxpayer advocate service, particularly among low-income groups.
I think it's that all low-income groups fail to understand that they can go to college," he says.
* Increasing the take-up and duration of breast-feeding for new mothers, especially those in low-income groups.
"The fund's purpose was to create an alternative for resources for low-income groups." Since 2001, the fund has provided agricultural loans to more than 28,000 campesinos.

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