Income vs. Profit — What's the Difference?

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.For households and individuals, income is a sum that includes any wage, salary, profit, interest payment, rent, or other form of earnings received in a given period of time. (also known as gross income).

An advantageous gain or return; benefit.

Money received, especially on a regular basis, for work or through investments

Financial gain from a transaction or from a period of investment or business activity, usually calculated as income in excess of costs or as the final value of an asset in excess of its initial value.

The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as profit from financial investments.

To make a gain or profit.

The act of coming in; entrance.

To derive advantage; benefit

Money one earns by working or by capitalising on the work of others.

To be beneficial to

Money coming in to a fund, account, or policy.

Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price.

(obsolete) A coming in; arrival; entrance; introduction.

Benefit, positive result obtained.

A newcomer or arrival; an incomer.

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(obsolete) An entrance-fee.

(transitive) To benefit (somebody), be of use to (somebody).

(archaic) A coming in as by influx or inspiration, hence, an inspired quality or characteristic, as courage or zeal; an inflowing principle.

To benefit, gain.

A disease or ailment without known or apparent cause, as distinguished from one induced by accident or contagion; an oncome.

To take advantage of, exploit, use.

That which is taken into the body as food; the ingesta; sometimes restricted to the nutritive, or digestible, portion of the food.

Acquisition beyond expenditure; excess of value received for producing, keeping, or selling, over cost; hence, pecuniary gain in any transaction or occupation; emolument; as, a profit on the sale of goods.

A coming in; entrance; admittance; ingress; infusion.

Accession of good; valuable results; useful consequences; benefit; avail; gain; as, an office of profit,

That which is caused to enter; inspiration; influence; hence, courage or zeal imparted.

To be of service to; to be good to; to help on; to benefit; to advantage; to avail; to aid; as, truth profits all men.

That gain which proceeds from labor, business, property, or capital of any kind, as the produce of a farm, the rent of houses, the proceeds of professional business, the profits of commerce or of occupation, or the interest of money or stock in funds, etc.; revenue; receipts; salary; especially, the annual receipts of a private person, or a corporation, from property; as, a large income.

To gain advantage; to make improvement; to improve; to gain; to advance.

That which is taken into the body as food; the ingesta; - sometimes restricted to the nutritive, or digestible, portion of the food. See Food. Opposed to output.

To be of use or advantage; to do or bring good.

The financial gain (earned or unearned) accruing over a given period of time

The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

The advantageous quality of being beneficial

Derive a benefit from;

Make a profit; gain money or materially;