income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income … Black's law dictionary
income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income … Black's law dictionary
final salary — A money purchase occupational pension scheme is where contributions are based on fixed cash amounts or salary percentages. These sums plus investment income and capital gains together provide retirement benefits based on the performance of the… … Law dictionary
final beneficiary — The person or institution designated to receive trust property upon the death of a life beneficiary. For example, Jim creates a trust through which his wife Jane receives income for the duration of her life. Their daughter, the final beneficiary … Law dictionary
final salary scheme — An occupational pension scheme aiming to provide, by way of pension, a proportion of an employee s income at retirement, usually dependent on the length of membership of the pension scheme and earnings near his retirement date. Related links cash … Law dictionary
Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… … Wikipedia
income and employment theory — a body of economic (economics) analysis concerned with the relative levels of output, employment, and prices in an economy. By defining the interrelation of these macroeconomic (macroeconomics) factors, governments try to create policies… … Universalium
Income trust — An income trust is an investment trust that holds income producing assets. The term also designates a legal entity, capital structure and ownership vehicle for certain assets or businesses. Its shares or trust units are traded on securities… … Wikipedia
Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… … Wikipedia
Income statement — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
Final Return For Decedent — The final tax return filed for an individual in the year of that person s death. Taxpayers who die in any given year will have one final tax return filed on their behalf for this year. A copy of the death certificate must be attached to the… … Investment dictionary