a government policy to curb inflation that relies on voluntary compliance rather than on mandatory wage, price, or profit controls.
See prices and incomes policy
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.
- 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
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
[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 […]