Money incomeNominal income; contrasts with real income.
Underwriting incomeUnderwriting income
For an insurance company, the difference between the premiums earned and the costs of settling claims.
Self employed incomeSelf employed income
Taxable income of a person involved in a sole proprietorship or other sort of free-lance work.
Income taxIncome tax
A compulsory tax on employment and investment income.In most countries income tax is progressive on successive slices of income, so that the more you earn the higher the incremental rates of tax you pay.In the UK, everyone is allowed to make a certain amount of income before any tax is payable. Known as the 'personal allowance', the amount increases with age, and for the year 2003-2004 the figures are:Under 65: £4,61565-74: £6,61075 and over: £6,720If your income in a tax year is below these thresholds, you are not liable for income tax. In some circumstances, where tax has been deducted at source, you will be able to reclaim tax already paid.For earnings above your personal allowance, your income tax liability will go up in bands and vary according to whether the income is from employment, share dividends or interest. The lowest rate is 10% and the highest is 40%.
Income bondIncome bond
A bond whose payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.
Income elasticityIncome elasticity
Normally the income elasticity of demand; that is, the elasticity of demand with respect to income.
Further SuggestionsIncome effect
Fixed income market
guaranteed income bond
High withholding tax interest income
Employee Retirement Income Security Act
Income multipliers or multiples
Corporate income tax
index linked family income assurance
adjusted gross income
Disability income insurance
disability income insurance
Social Security Disability Income Insurance
Current income bonds
Foreign base company income
Debt to income ratio