Financial Glossary

Here you’ll find clear and concise explanations of key financial terms and concepts. Our goal is to help you better understand essential topics across the financial world.

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Income

Money or benefits received by an individual or organization in exchange for work, services, investments, or sales of goods. It includes wages, salaries, dividends, interest, rents, and profits. Income can be classified as gross (before deductions) or net (after deductions), and as earned (from work) or unearned (from investments or passive sources). It is the basis for taxation and financial planning.

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