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

• Borrower shall then (i) rent the next available Unit to an Extremely Low Income Household to comply with the requirements of Section 2.1(a)(2) or Section 2.1(a)(3), as applicable, at a Rent not exceeding Extremely Low Income Rent, or (ii) designate another comparable Unit that is occupied by an Extremely Low Income Household as an Extremely Low Income Unit, to comply with the requirements of Section 2.1(a)(2) or Section 2.1(a)(3), as applicable.

• If, upon the annual certification of the income of a Tenant of an Extremely Low Income Unit during the Term, Borrower determines that the Tenant’s income has increased above the qualifying limit for an Extremely Low Income Household, but not above the qualifying income for a Low Income Household, the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Extremely Low Income Rent.

• Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Very Low Income Units, may not exceed the Low HOME Rent.

• Subject to the provisions of Section 2.4 below, the Rent paid by Tenants of Extremely Low Income Units may not exceed one-twelfth (1/12) of thirty percent (30%) of thirty percent (30%) of Median Income, adjusted for Assumed Household Size.

• If upon the annual certification of the income of a HOPWA Eligible Household during the HOPWA Term, Borrower determines that the Tenant has an Adjusted Income exceeding the maximum qualifying income of an Extremely Low Income Household, the Tenant may continue to occupy the Unit and Borrower shall continue to charge such Tenant Rent consistent with Section 2.2(a)(1) above.

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;