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income

noun B2 Neutral

Meaning

Income refers to the money received, especially on a regular basis, for work or through investments.
💡 A common mistake is confusing gross income with net income, as the latter is what remains after taxes and deductions.

Example Sentences

How does your income affect your monthly budget ?
Many people rely on a steady income to pay bills .
My income helps me pay for rent and groceries every month .

Word in Context

Anna sat at her kitchen table and opened a small notebook to check her monthly budget . She calculated her income from a part - time job and a few online sales to see how much she could spend . Because she has been saving for several months , she could cover the rent and buy groceries without borrowing money . Although prices have risen recently , she feels hopeful and plans to save a bit more next month .

Common Phrases

disposable income gross income net income

Antonyms

Never forget "income"

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