Legal Definition and Related Resources of Income
Meaning of Income
The return in money from one’s business , labor or capital invested; gains, profits or private revenue . Wells v Wells, 148 P.2d 126, 65 Cal.App.2d 113.
Income Alternative Definition
The gain which proceeds from labor, business, or property of any kind. 44 Pa. St. 347. It is as large a word as can be used to denote a person’s receipts (21 Ch. Div. 85), and means “gross income,” not “profits” (18 Wend. [N. Y.] 605), though the contrary has been held (5 Mete. [Mass.] 596).
Synonyms of Income
noun
- business profits
- commercial profits
- compensation
- earnings
- financial remuneration
- financial resources
- gain derived from capital
- gain derived from labor
- gains
- gross return
- increase in amount of wealth
- 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
- remuneration
- return in money
- return on capital
- revenue
- salary
- sale proceeds
- something produced by capital
- value received
- vectigal
- wage
- wages
- wealth Associated Concepts: accumulated income
- actual income
- aggregate income
- annual net income
- current income
- deferred income
- division of income
- estimated income
- garnishment of income
- gross income
- income bearing property
- income execution
- income tax
- income tax evasion
- income yield
- legacy
- life income
- net income
Related Entries of Income in the Encyclopedia of Law Project
Browse or run a search for Income in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Income in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Income in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Income in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Accrual Basis, Adjusted Taxable Income, Capital, Capital Gain, Capitalization, Cash Basis, Cash Equivalency, Collapsible Corporation, Deductible, Deduction, Encroach, Endowment, Gross Income, Income Averaging, Income Tax, Invest, Knight’s Fee, Living Trust, Means, Means Of Support, , Produce, Profit, Rate Of Return, Recapitalization, Recapture, Receipt, Refund Annuity, Return, Revenue, Salvage Value, Securities, Settle, Surplus, Taxable Income.
Browse
You might be interested in these references tools:
| Resource | Description |
|---|---|
| Income in the Dictionary | Income in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Income |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Income in the World Encyclopedia of Law |
Notice
This definition of Income is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
Vocabularies (Semantic Web Information)
| Resource | Description |
|---|---|
| Topic Map | A group of names, occurrences and associations |
| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/income/ | The URI of Income (more about URIs) |
Real Income in the Economic Activity
An introductory concept of Real Income may be: income measured by what it can actually buy, rather than by the amount of money
Income Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Income in a way that is easy for anybody to understand: Inflow of REVENUE during a period of time.
Concept of Income in the context of Real Property
A short definition of Income: Generally, any increase in the assets of a person or corporation caused by labor, sales, or return on invested funds. May be different for tax purposes.
Concept of Income in the context of Real Property
A short definition of Income: Generally, any increase in the assets of a person or corporation caused by labor, sales, or return on invested funds. May be different for tax purposes.
Grammar
This term is a noun.
Etimology of Income
(You may find income at the world legal encyclopedia and the etimology of more terms).
c. 1300, “entrance, arrival,” literally “a coming in;” see in (adverb) + come (verb). Perhaps a noun use of the late Old English verb incuman “come in, enter.” Meaning “money made through business or labor” (i.e., “that which ‘comes in’ as payment for work or business”) first recorded c. 1600. Compare German einkommen “income,” Swedish inkomst. Income tax is from 1790, introduced in Britain during the Napoleonic wars, re-introduced 1842; in U.S. levied by the federal government 1861-72, authorized on a national level in 1913.
Resources
Legal English Vocabulary: Income in Spanish
Online translation of the English legal term income into Spanish: ingreso (English to Spanish translation) . More about legal dictionary from english to spanish online.
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