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income |
Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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income, n the return in money from one's business, practice, or capital invested; gains, profit. income tax, n a tax upon an adjusted gross income (individual or corporate) imposed as a major source of governmental revenue at the state and federal levels. income financial return from a project or for help provided. income elasticity see demand elasticity. net income gross income less costs. income over feed cost a rough indicator of the profitability of an animal enterprise based principally on fattening of young livestock, e.g. in a feedlot. The fixed costs are the depreciation on the installation and labor, the variable costs are the price of cattle and the feed. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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income elasticity of imports is much higher than foreign income elasticity for U. high income elasticity of demand -- a characteristic of certain products Necessities usually have an income elasticity of zero, while luxury products have high income elasticities. |
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