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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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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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4
5
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