income
Pronunciation
- IPA: /ˈɪn.kʌm/[1]
Etymology
It is inherited from Middle English income (“entrance, arrival”),[2][3] in early use probably from Old Norse innkoma (“arrival”),[4][5][6] and later a new formation from the phrase come in, from English in + come.[4][7] Barnhart and Etymonline connect it with the Old English verb incuman “to come in, enter”, from in and cuman.[8][7] German Einkommen and Swedish inkomst are similar formations.[7]
Earliest recorded meaning
“A coming in, entrance, arrival”: before 1300,[9] before 1325 in Cursor Mundi,[8] or about 1300.[7]
Semantic evolution
A fee paid on entering is from 1549, and a newcomer or immigrant from 1555, both obsolete.[9] The meaning “money that comes in from work, business or property” is first recorded in 1601,[8][9] about 1600.[7] Income tax was introduced in Britain in 1799, during the Napoleonic Wars, and reintroduced in 1842;[8][7] in the United States it was levied by the federal government in 1861–72 and authorized nationally in 1913.[7] National income is from 1878.[9] In Scots and northern dialect an income was also a swelling or sore, from 1808.[9][6]
Timeline
- before 1300 – an arrival, entrance.[9]
- 1549 – an entrance fee (obsolete).[9]
- 1601 – money received.[8][9]
- 1799 – income tax in Britain.[8]
- 1878 – national income.[9]
- 1913 – US federal income tax authorized.[7]
Modern meaning
Noun
- Money received, especially regularly, from work, investments or business.
- (archaic) A coming in; an entrance.
Word family
- incomeless
- low-income
- high-income
- income statement
- income tax
- unearned income
- discretionary income
- disposable income
Related words
References
- ^ Jones, Daniel (2011), Cambridge English Pronouncing Dictionary, 18th ed., ed. Peter Roach, Jane Setter and John Esling, Cambridge: Cambridge University Press
- ^ The American Heritage Dictionary of the English Language (2000), 4th ed., Boston: Houghton Mifflin
- ^ Merriam-Webster Unabridged Dictionary (2024), online ed., Springfield, Mass.: Merriam-Webster
- ^ a b Hoad, T. F., ed. (1986), The Concise Oxford Dictionary of English Etymology, Oxford: Clarendon Press
- ^ Soanes, Catherine; Stevenson, Angus, eds. (2004), Concise Oxford English Dictionary, 11th ed., Oxford: Oxford University Press
- ^ a b Shorter Oxford English Dictionary on Historical Principles (2002), 5th ed., ed. William R. Trumble and Angus Stevenson, Oxford: Oxford University Press
- ^ a b c d e f g h Harper, Douglas. Online Etymology Dictionary, https://www.etymonline.com
- ^ a b c d e f Barnhart, Robert K. (1988), The Barnhart Dictionary of Etymology
- ^ a b c d e f g h i Simpson, J. A.; Weiner, E. S. C., eds. (1989), The Oxford English Dictionary, 2nd ed., Oxford: Clarendon Press