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 gross income before deductions and depreciation, from whatever source derived, as defined by the Internal Revenue Code, but excludes dividends and interest.

Examples of Income in a sentence

  • If it enters into any such agreements, the Aggregator may direct in writing the Competitive Supplier to set the Retail Price(s) for all Low-Income Consumers to reflect a specific $/kWh price discount (the “Low- Income Consumer Discount”) as compared to the Residential Retail Price(s) then in effect.

  • Which include the following: Short-term Disability Long-term Disability Group Survivor Income Insurance Term Life Insurance Dependent Life Hospital Indemnity Basic Term Life Insurance Cash Plan “C”.

  • The Scheme will cease immediately should the provision of the benefits payable under the Policy cease to be paid in accordance with Sections 481 and 482 of the Income Tax (Trading and Other Income) Act 2005.

  • The City will pay two percent (2%) of the employee's regular annual salary for the first $32,400 in salary, into a Supplemental Retirement Income Program.

  • The benefits are taxable Benefit amounts are rounded to the next highest dollar Long Term Disability Income Benefit of your basic monthly income limited to a maximum of subject to reductions.


More Definitions of Income

Income means the amounts earned on an investment and which, in particular, although not exclusively, include profit, interest, capital gains, dividends, fees and charges.
Income means income as determined pursuant to P.L.1975, c.194 (C.30:4D-20 et seq.).
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 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 means the amounts accruing to an investment for a certain period, such as profit shares, dividends, interest, royalties or other charges;