the monetary payment received for goods or services, or from other sources, as rents or investments.
something that comes in as an addition or increase, especially by chance.
Archaic. a coming in.

1250–1300; Middle English: literally, that which has come in, noun use of incomen (past participle of incomen to come in), Old English incuman; see in, come

incomeless, adjective

1. interest, salary, wages, annuity, gain, return, earnings.

1. outgo, expenditure. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
income (ˈɪnkʌm, ˈɪnkəm)
1.  the amount of monetary or other returns, either earned or unearned, accruing over a given period of time
2.  receipts; revenue
3.  rare an inflow or influx
[C13 (in the sense: arrival, entrance): from Old English incumen a coming in]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

c.1300, "entrance, arrival," lit. "what enters," perhaps a noun use of the late O.E. verb incuman "come in," from in (adv.) + cuman "to come" (see come). Meaning "money made through business or labor" first recorded 1601. Income tax is from 1799, first introduced in Britain
as a war tax, re-introduced 1842; authorized on a national level in U.S. in 1913. Incoming was originally of game approaching the hunter.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary

income definition

The amount of money received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
On the income side, non-cash benefits such as subsidised housing and food
  stamps, are ignored.
But in low income areas, families simply don't have the money.
Some of the income differences probably stem from culture.
There is evidence, at both an individual and a country level, of a relationship
  between income and happiness.
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