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real income

[ree-uh l, reel] /ˈri əl, ril/
noun
1.
the amount of goods and services that money income will buy.
Origin
1925-1930
1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for real income
  • But as some readers noted, real income has increased as well over the years.
  • Government officials repeatedly reported eye-popping real income growth figures.
  • If real income falls, real consumption must fall faster.
  • real income is going down primarily because the bank is printing inflation.
  • Second is more subtle, but amounts to an evolutionary acceptance of declining real income for the average worker.
  • It really means that all euro countries have spent more than their real income allows them.
real income in Culture

real income definition


Income measured in terms of the goods and services it can buy.

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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