income etymology

Etymology of "Income":

The word "income" derives from two Latin words:

• "in-", meaning "in" or "into"
• "venire", meaning "to come"

Meaning and Origin:

From its Latin roots, "income" generally refers to money or other benefits received over a period of time, typically in return for work performed, investments made, or property owned.

History of the Word:

The earliest recorded usage of "income" in English dates back to the mid-14th century, when it was used to denote the return on an investment. Over time, the meaning of "income" expanded to include any type of regular monetary gain.

Usage in Economics:

In economics, "income" is a fundamental concept used to measure the flow of goods and services within an economy. It can be divided into several categories, such as:

• Personal income
• Business income
• National income
• Disposable income

Related Terms:

• Revenue: The total amount of money earned from the sale of goods or services.
• Profit: The difference between revenue and expenses.
• Earnings: Typically refers to wages or salaries earned from employment.
• Salary: A fixed amount of compensation paid regularly for professional or managerial work.
• Wage: Hourly or daily compensation for manual or skilled labor.

income relate terms

• come

  Etymology The word come comes from Middle English comen which in turn comes from Ol

• revenue

  Etymology The word revenue comes from the Middle English word revenu which is deriv

• rent

  Etymology The word rent originates from the Middle English word rente which in turn

• beautician

  Etymology and Origin The word beautician has its origins in the following Beautify

• Mercedes

  Etymology The name Mercedes is of Spanish origin and is derived from the Spanish word m

• poverty

  Etymology The word poverty comes from the Old French word poverté which is derived

• emolument

  Etymology The word emolument derives from the Latin word emolumentum which means pr

• decimation

  Etymology From Latin decimare to tithe from decimus tenth Meaning Origina

• profit

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

• sales

  Etymology The word sales is derived from the Latin word salarium which means salt m