income
noun /ˈɪnkʌm/,  /ˈɪnkəm/
  /ˈɪnkʌm/,  /ˈɪnkəm/
[countable, uncountable]- the money that a person, a region, a country, etc. earns from work, from investing money, from business, etc.
- Average household income fell slightly.
 - a weekly disposable income (= the money that you have left to spend after tax, etc.) of £200
 - His parents have a combined annual income of less than $35 000.
 - Net income for the year was $43m.
 - a rise in national income
 - Trying to earn an income as an artist can be hard.
 - Some low-paid workers supplement their income with second jobs.
 - Tourism generates income for the local economy.
 - on an income These tax changes should help people on low incomes.
 - New figures show a drop in income for the newly retired.
 - income from something They lived on the rental income from the property.
 - They receive a proportion of their income from the sale of goods and services.
 - Tourism is a major source of income for the area.
 - higher/middle/lower income groups
 
Synonyms incomeincome- wage/wages
 - pay
 - salary
 - earnings
 
- income money that a person receives for their work, or from investments or business:
- people on low incomes
 
 - wage/wages money that employees get for doing their job, usually paid every week or every month:
- a weekly wage of £200
 
 - pay money that employees earn for doing their job:
- The job offers good rates of pay.
 
 - salary money that employees earn for doing their job, usually paid every month.
 
- earnings money that a person earns from their work:
- a rise in average earnings for factory workers
 
 
- (a) high/low/basic income/wage/pay/salary/earnings
 - to earn an income/a wage/your pay/a salary
 - to be on a(n) income/wage/salary of…
 
Collocations FinanceFinanceIncomecompare expenditure- earn money/cash/(informal) a fortune/the minimum wage/a living wage
 - make money/a fortune/(informal) a killing on the stock market
 - acquire/inherit/amass wealth/a fortune
 - build up funds/savings
 - get/receive/leave (somebody) an inheritance/a legacy
 - live on a low wage/a fixed income/a pension
 - get/receive/draw/collect a pension
 - depend/be dependent on (British English) benefits/(North American English) welfare/social security
 
- spend money/your savings/(informal) a fortune on…
 - invest/put your savings in…
 - throw away/waste/ (informal) shell out money on…
 - lose your money/inheritance/pension
 - use up/ (informal) wipe out all your savings
 - pay (in) cash
 - use/pay by a credit/debit/contactless card
 - pay by/make out a/write somebody a/accept a (British English) cheque/(US English) check
 - change/exchange money/currency
 - give/pay/leave (somebody) a deposit
 
- have/hold/open/close/freeze a bank account/an account
 - credit/debit/pay something into/take money out of your account
 - deposit money/funds in your account
 - withdraw money/cash/£30 from an ATM, etc.
 - (formal) make a deposit/withdrawal
 - find/go to/use (especially North American English) an ATM/(British English) a cash machine/dispenser
 - be in credit/in debit/in the black/in the red/overdrawn
 - use a mobile/an online banking app/platform/service
 
- manage/handle/plan/run/ (especially British English) sort out your finances
 - plan/manage/work out/stick to a budget
 - offer/extend credit (to somebody)
 - arrange/take out a loan/an overdraft
 - pay back/repay money/a loan/a debt
 - pay for something in (especially British English) instalments/(North American English usually) installments
 
- get into debt/financial difficulties
 - be short of/ (informal) be strapped for cash
 - run out of/owe money
 - face/get/ (informal) be landed with a bill for £…
 - can’t afford the cost of…/payments/rent
 - fall behind with/ (especially North American English) fall behind on the mortgage/repayments/rent
 - incur/run up/accumulate debts
 - tackle/reduce/settle your debts
 
Extra ExamplesTopics Businessb2- A large number of families in the area are living on below-average incomes.
 - Some farmers increased their income fivefold.
 - A lot of our income comes from bank interest.
 - Average incomes are rising more slowly.
 - Customer subscriptions provide a reliable income stream.
 - Elderly people often belong to a low income group.
 - Every company must keep control of its income and expenditure.
 - Financial assets have the advantage of earning income.
 - For 2016, expenditure exceeded income by £10 000.
 - He has a large private income on top of what he earns as a teacher.
 - He planned to buy two more properties so he could live off the rental income.
 - Many families on a low income are dependent on state support.
 - Operating income rose 14% to £36.5 million.
 - She received an income for life as a result of her father's will.
 - She supplements her income by doing an evening job.
 - She was living on a small, fixed income and having trouble paying her bills.
 - Social security guarantees an income to retired and disabled workers.
 - The income gap between rich and poor is growing.
 - The industry claims the regulations have cost them $184 million in lost income.
 - a young couple with a combined income of $69 000
 - She is definitely in the higher income bracket.
 - The company has an income of around $10 million a year.
 
Oxford Collocations Dictionaryadjective- high
 - large
 - six-figure
 - …
 
- have
 - receive
 - earn
 - …
 
- arise (from something)
 - come from something
 - derive from something
 - …
 
- bracket
 - group
 - level
 - …
 
- on an income
 - income from
 
- the distribution of income
 - the redistribution of income
 - a drop in income
 - …
 
Word OriginMiddle English (in the sense ‘entrance, arrival’, now only Scots): in early use from Old Norse innkoma, later from in + come. The current sense dates from the late 16th cent.