Salary vs. Income — What's the Difference?

A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis.

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).

A fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker

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

Pay a salary to

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.

Fixed compensation for services, paid to a person on a regular basis.

The act of coming in; entrance.

A fixed amount of money paid to a worker, usually calculated on a monthly or annual basis, not hourly, as wages. Implies a degree of professionalism and/or autonomy.

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

To pay on the basis of a period of a week or longer, especially to convert from another form of compensation.

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

(obsolete) Saline.

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

Saline

A newcomer or arrival; an incomer.

The recompense or consideration paid, or stipulated to be paid, to a person at regular intervals for services; fixed wages, as by the year, quarter, or month; stipend; hire.

(obsolete) An entrance-fee.

To pay, or agree to pay, a salary to; to attach salary to; as, to salary a clerk; to salary a position.

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

Something that remunerates;

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

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

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

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

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.

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.

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