Annual Income

The money a person makes from labor, investment, or any other source in the course of a year. Receiving income is the goal of all commerce. Annual income is usually taxed by the government, though one's taxable income for a year may differ from his/her actual annual income. See also: Income tax.

Mentioned in

Accredited investor
annual debt service
annuity
consols
Current return
Deduction
deferred annuity
foreign investment
Income annuity
income averaging
net annual income
Nominal yield
Regulation D
tax deduction
Tax-deductible

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