What is another word for earned income?

Pronunciation: [ˈɜːnd ˈɪnkʌm] (IPA)

Earned income is a term that refers to the money you earn through your work, whether it is in the form of salary or wages. There are several other synonyms for earned income, such as "paycheck," "salary," "wages," "earnings," "remuneration," "compensation," and "income from labor." These terms are often used interchangeably and can be applied to any type of work, whether it is full-time or part-time. It is important to note that earned income is subject to taxes, and the amount you take home will vary depending on your tax bracket and deductions. Understanding the different terms for earned income can help you better navigate your finances and plan for the future.

What are the hypernyms for Earned income?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for earned income?

Earned income refers to the money earned by a person through employment or services rendered. Its antonyms can be classified as unearned income or income from other sources. Unearned income, on the other hand, refers to income received through passive activities, such as investments, inheritances, and rental properties. Income from other sources includes income from gifts, compensation for liability, and income from winnings or prizes. While earned income requires effort and time, unearned income and income from other sources can be generated without consistent effort. Understanding the different types of income can help individuals create a healthy financial portfolio, ensuring a stable and sustainable source of income.

What are the antonyms for Earned income?

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Famous quotes with Earned income

  • Here's the truth. The proposed top rate of income tax is not 50 per cent. It is 50 per cent plus 1.5 per cent national insurance paid by employees plus 13.3 per cent paid by employers. That's not 50 per cent. Two years from now, Britain will have the highest tax rate on earned income of any developed country.
    Andrew Lloyd Webber

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