Vocabulary Term Details

Income

Definition (http://en.wikipedia.org/wiki/Income)

Income is the consumption and savings opportunity gained by an entity within a specified timeframe, that is generally expressed in monetary terms. (Wikipedia)

Preferred Units: N/A

Scope Note:
N/A

Broader TermsNarrower TermsRelated Terms
Entities
Farm income
Gross income
Nonfarm income
Pensions
Living standards
Poverty
Social welfare

This term is used for the following terms: 
N/A

Approved Date
21-Dec-2012

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