income

High
UK/ˈɪŋkʌm/US/ˈɪnˌkʌm/

Neutral to Formal (more common in official, financial, and legal contexts than in casual chat).

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Definition

Meaning

Money received, especially on a regular basis, for work or from investments.

The inflow of economic resources (money, goods, services) to a person, household, business, or nation over a specific period. Can also refer figuratively to non-monetary gains (e.g., 'an income of happiness').

Linguistics

Semantic Notes

"Income" is typically a mass noun referring to a collective sum. It can be countable when referring to specific types or sources (e.g., 'incomes from various properties'). The focus is on the *receipt* of money, not its source or nature.

Dialectal Variation

British vs American Usage

Differences

No significant differences in meaning or usage. Spelling conventions apply in compounds (e.g., UK: 'income-related', US: 'income-related').

Connotations

Equally neutral in both varieties. The primary connotation is financial and legal.

Frequency

Equally high frequency in both varieties.

Vocabulary

Collocations

strong
annualmonthlygrossnethouseholdpersonaltaxablelowhigh
medium
regularsteadydisposablesupplementaryaveragepassive
weak
substantialmodestdecliningrisingmain

Grammar

Valency Patterns

income from (source)income of (amount)income per (period/person)on an income of

Vocabulary

Synonyms

Strong

revenue

Neutral

earningsrevenuepaywages

Weak

takingsproceeds

Vocabulary

Antonyms

outgoingsexpenditureoutlayexpenses

Phrases

Idioms & Phrases

  • on a fixed income
  • live within one's income

Usage

Context Usage

Business

Refers to a company's revenue from sales and services.

Academic

Used in economics, sociology, and law to discuss distribution, inequality, and policy.

Everyday

Common in discussions about personal finance, jobs, and budgeting.

Technical

In tax law and accounting, has precise definitions (e.g., taxable income, adjusted gross income).

Examples

By Part of Speech

verb

British English

  • (No standard verb form. Rare, non-standard usage might be 'to income', but it is not accepted.)

American English

  • (No standard verb form. The concept is expressed with 'earn' or 'generate income'.)

adverb

British English

  • (No adverbial form derived from 'income'.)

American English

  • (No adverbial form derived from 'income'.)

adjective

British English

  • She comes from an income-poor background.
  • The form is for income-related benefits.

American English

  • They are part of the high-income bracket.
  • We need an income statement for the loan.

Examples

By CEFR Level

A2
  • His income is not very high.
  • What is your monthly income?
B1
  • The job offered a good income and benefits.
  • Her main income comes from her design work.
B2
  • After taxes, his net income was significantly lower than expected.
  • Investments provide him with a passive income.
C1
  • The policy aims to redistribute income more equitably across society.
  • Fluctuations in foreign exchange rates can severely impact the company's overseas income.

Learning

Memory Aids

Mnemonic

Think: Money coming IN.

Conceptual Metaphor

INCOME IS A FLUID (e.g., 'stream of income', 'income flows', 'trickle-down income').

Watch out

Common Pitfalls

Translation Traps (for Russian speakers)

  • Avoid translating directly as "доходный"; "income" is a noun, not an adjective.
  • "Income" is broader than "зарплата" (salary/wage); it includes all money received.

Common Mistakes

  • Using 'incomes' incorrectly as a plural in general contexts (e.g., 'He has two incomes' is fine; 'My incomes is low' is wrong).
  • Confusing 'income' with 'salary' (salary is a type of income from employment).

Practice

Quiz

Fill in the gap
To apply for the mortgage, you must provide proof of for the last three years.
Multiple Choice

Which of the following is the most accurate definition of 'gross income'?

FAQ

Frequently Asked Questions

For individuals, 'income' is common. For companies, 'revenue' refers to total sales, while 'income' (or 'net income') is revenue minus expenses and taxes.

Yes, when referring to separate sums from different sources or for different entities (e.g., 'The incomes of the two households were compared'). It is less common than the singular form.

No. A salary is a fixed regular payment from an employer. 'Income' is broader and includes salary, wages, bonuses, investment returns, rental payments, etc.

It is the amount of money left after taxes and essential living costs (like rent and food) have been deducted, which is available for spending, saving, or investment.

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