earnings etymology

Etymology and Origin

The word "earnings" has its roots in Old English:

  • "earne" (verb): to gain or acquire
  • "-ing" (suffix): denoting an action or result

Meaning

"Earnings" refers to the money or compensation received by an individual for their work or services rendered. It typically excludes non-work-related income, such as investment earnings or government benefits.

Types of Earnings

Earnings can be classified into various types:

  • Wages: Payment for hourly or daily work performed.
  • Salary: Fixed compensation typically paid on a monthly or annual basis.
  • Commission: Payment based on the sales or performance achieved.
  • Bonus: Additional compensation awarded for exceptional performance or the achievement of specific goals.
  • Overtime pay: Payment for hours worked beyond the standard workweek.
  • Fringe benefits: Non-cash compensation, such as health insurance, paid time off, or retirement contributions.

Importance of Earnings

Earnings are crucial for individuals and society as a whole:

  • Personal finance: Earnings provide the means to meet essential expenses, save for the future, and pursue financial goals.
  • Tax revenue: Earnings are subject to income taxes, which generate revenue for government programs and services.
  • Economic growth: Higher earnings stimulate consumer spending, investment, and economic expansion.
  • Wage gap: Earnings disparities between different groups (e.g., gender, race, ethnicity) can affect social equity and economic outcomes.

earnings relate terms

  • earn

    Etymology Middle English ernen from Old English earnian to get obtain or acquire

  • earning

    Etymology The word earning comes from the Old English word earnung which means act

  • earnings

    Etymology and Origin The word earnings has its roots in Old English earne verb

  • lucre

    Etymology Latin lucrum Proto Indo European lewgʰ to loot plunder Meaning

  • profit

    Etymology The word profit comes from the Latin word profectus meaning progress or

  • fraught

    Etymology Middle English fraught from Old English freht adorned decorated Origina

  • near

    Etymology The word near comes from the Old English word nēah which is cognate with

  • make

    Etymology The study of the origin and history of words Meaning Etymology is the branch

  • wage

    Etymology The word wage originates from the Old French word gage which means pledge

  • gain

    Etymology Anglo French gaignerie profit Middle French gaignier to earn Old French ga

  • realize

    Etymology Realize comes from the Medieval Latin verb realizare meaning to make real

  • clean up

    Etymology The word clean is derived from the Middle English word clene which is ulti