Income definition

Income means the following:
Income with respect to any Security at any time, any principal thereof and all interest, dividends or other distributions thereon;
Income means the amounts earned on an investment and which, in particular, although not exclusively, include profit, interest, capital gains, dividends, fees and charges.

Examples of Income in a sentence

  • Employees must establish participation in an eligible Deferred Income or TSA plan, as defined by Minnesota Statutes, before the District will begin matching contributions.

  • Thus, the formula for calculating Interconnection Customer’s liability to Transmission Owner pursuant to this Article 5.17.4 can be expressed as follows: (Current Tax Rate x (Gross Income Amount – Present Value of Tax Depreciation))/(1-Current Tax Rate).

  • THE FEDERAL EARNED INCOME CREDIT Contractor must notify its employees, and must require each Subcontractor to notify its employees, that they may be eligible for the Federal Earned Income Credit under the federal income tax laws.

  • From 1 March 2024 a payment of $5.00 per week per employee, excluding apprentices, shall be paid to supply funding for industry officers as described in clause 4.4.4. Note 8: INCOME PROTECTION INSURANCE (Refer to Clause 25) The current Incolink Income Protection contribution from 1 October 2023 is $31.50.

  • Income protection insurance equivalent to annual base salary up to a maximum of $75,000 shall be available and paid for by each full-time teacher on an after tax basis.


More Definitions of Income

Income means gross income before deductions and depreciation, from whatever source derived, as defined by the Internal Revenue Code, but excludes dividends and interest.
Income means income as determined pursuant to P.L.1975, c.194 (C.30:4D-20 et seq.).
Income means a payment received, including but not limited to any salary, wage, advance, dividend, interest, rent, proceeds from any sale, gift, including any gift of food or beverage, loan forgiveness or payment of indebtedness received by the filer, reimbursement for expenses, per diem, or contribution to an insurance or pension program paid by any person other than an employer, and any community property interest in income of a spouse or registered domestic partner. Income also includes an outstanding loan. Income of an individual also includes
Income for this exemption means 2020 federal adjusted gross income, plus certain items subtracted from or not included in your federal adjusted gross income (320 ILCS 25/3.07). These include tax-exempt interest, dividends, annuities, net operating loss carryovers, capital loss carryovers, and Social Security benefits. Income also includes public assistance payments from a governmental agency, SSI, and certain taxes paid. These
Income means income for the most recent complete taxable year from all sources, including the income of any dependent of the applicant, and including any county, state, or federal public assistance benefits, social security, or other retirement benefits, but excluding any federal rent subsidy, any amount excluded from income by federal or state law, and medical expenses paid during the year by the applicant or the applicant's dependent which is not compensated by insurance or other means.
Income means, with respect to any Mortgage Loan at any time, any principal thereof then payable and all interest, dividends or other distributions payable thereon.
Income means the amounts accruing to an investment for a certain period, such as profit shares, dividends, interest, royalties or other charges;