20131030

income

 
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TERM OF THE DAY

income

1. The flow of cash or cash-equivalents received from work (wage or salary),capital (interest or profit), or land (rent).
2. Accounting: (1) An excess of revenue over expenses for an accounting period. Also called earnings or gross profit. (2) An amount by which total assetsincrease in an accounting period.
3. EconomicsConsumption that, at the end of a period, will leave an individualwith the same amount of goods (and the expectations of future goods) as at the beginning of that period. Therefore, income means the maximum amount an individual can spend during a period without being any worse off. Income (and not the GDP) is the engine that drives an economy because only it can createdemand.
4. LawMoney or other forms of payment (received ...
Learn more about this term
Usage Example
The CEO earned an extraordinarily high income compared to other employee salaries.
Source: BusinessDictionary.com
 
Today's issue is sponsored by Options Industry Council:

Free Options Podcasts, from The Options Industry Council.
Did you know Options can help protect your portfolio in a volatile market? Want to learn how? Our 7-part Podcast series will help you master the fundamentals of Options trading. Find out all about calls, puts, strike prices and more. Then learn to apply basic Options strategies using real market conditions. 


Click Here to Download One today!
 
TERM OF THE DAY

income

1. The flow of cash or cash-equivalents received from work (wage or salary),capital (interest or profit), or land (rent).
2. Accounting: (1) An excess of revenue over expenses for an accounting period. Also called earnings or gross profit. (2) An amount by which total assetsincrease in an accounting period.
3. EconomicsConsumption that, at the end of a period, will leave an individualwith the same amount of goods (and the expectations of future goods) as at the beginning of that period. Therefore, income means the maximum amount an individual can spend during a period without being any worse off. Income (and not the GDP) is the engine that drives an economy because only it can createdemand.
4. LawMoney or other forms of payment (received ...
Learn more about this term
Usage Example
The CEO earned an extraordinarily high income compared to other employee salaries.
Source: BusinessDictionary.com