Income-statement


noun
1.
an accounting of income and expenses that indicates a firm’s net profit or loss over a certain period of time, usually one year.

Read Also:

  • Income support

    noun 1. (in Britain, formerly) a social security payment for people on very low incomes noun in the UK, a monetary benefit given by the government to supplement someone’s income, esp. for the disabled or single parents Usage Note British

  • Income-tax

    noun 1. a tax levied on incomes, especially an annual government tax on personal incomes. noun 1. a personal tax, usually progressive, levied on annual income subject to certain deductions

  • Incoming

    [in-kuhm-ing] /ˈɪnˌkʌm ɪŋ/ adjective 1. ; arriving: the incoming tide. 2. newly arrived or received: incoming mail; incoming orders. 3. succeeding, as an officeholder: the incoming mayor. 4. accruing, as profit. 5. entering, beginning, etc.: all incoming students. 6. Chiefly British. . 7. Scot. . noun 8. the act of coming in; arrival; advent: the […]

  • In-coming

    [in-kuhm-ing] /ˈɪnˌkʌm ɪŋ/ adjective 1. ; arriving: the incoming tide. 2. newly arrived or received: incoming mail; incoming orders. 3. succeeding, as an officeholder: the incoming mayor. 4. accruing, as profit. 5. entering, beginning, etc.: all incoming students. 6. Chiefly British. . 7. Scot. . noun 8. the act of coming in; arrival; advent: the […]

  • Incommensurability

    [in-kuh-men-ser-uh-buh l, -sher-] /ˌɪn kəˈmɛn sər ə bəl, -ʃər-/ adjective 1. not commensurable; having no common basis, measure, or standard of comparison. 2. utterly disproportionate. 3. Mathematics. (of two or more quantities) having no common measure. noun 4. something that is incommensurable. 5. Mathematics. one of two or more incommensurable quantities. /ˌɪnkəˈmɛnʃərəbəl/ adjective 1. incapable […]


Disclaimer: Income-statement definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.