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Income vs Expense - What's the difference?

income | expense |

In obsolete terms the difference between income and expense

is that income is an entrance-fee while expense is loss.

As nouns the difference between income and expense

is that income is money one earns by working or by capitalising on the work of others while expense is a spending or consuming. Often specifically an act of disbursing or spending funds.

As a verb expense is

to charge a cost against an expense account; to bill something to the company for which one works.

income

English

(wikipedia income)

Noun

(en noun)
  • Money]] one earns by working or by [[capitalise, capitalising on the work of others.
  • *, chapter=23
  • , title= The Mirror and the Lamp , passage=The struggle with ways and means had recommenced, more difficult now a hundredfold than it had been before, because of their increasing needs. Their income disappeared as a little rivulet that is swallowed by the thirsty ground.}}
  • * 2010 Dec. 4, , " Why It’s Time to Worry", Newsweek (retrieved 16 June 2013):
  • In 1970 the richest 1 percent made 9 percent of the nation’s income ; now that top slice makes closer to 25 percent.
  • *{{quote-magazine, date=2013-06-07, author=(Joseph Stiglitz)
  • , volume=188, issue=26, page=19, magazine=(The Guardian Weekly) , title= Globalisation is about taxes too , passage=It is the starving of the public sector which has been pivotal in America no longer being the land of opportunity – with a child's life prospects more dependent on the income and education of its parents than in other advanced countries.}}
  • (label) A coming in; arrival; entrance; introduction.
  • * Bishop Rust
  • more abundant incomes of light and strength from God
    (Shakespeare)
  • A newcomer or arrival; an incomer.
  • (label) An entrance-fee.
  • (label) A coming in as by influx or inspiration, hence, an inspired quality or characteristic, as courage or zeal; an inflowing principle.
  • * Chapman
  • I would then make in and steep / My income in their blood.
  • A disease or ailment without known or apparent cause, as distinguished from one induced by accident or contagion; an oncome.
  • That which is taken into the body as food; the ingesta; sometimes restricted to the nutritive, or digestible, portion of the food.
  • Anagrams

    *

    expense

    English

    Noun

    (wikipedia expense) (en noun)
  • A spending or consuming. Often specifically an act of disbursing or spending funds.
  • She went to great expense to ensure her children would get the best education.
    Buying the car was a big expense , but will be worth it in the long run.
    We had a training weekend in New York, at the expense of our company.
  • * , Sonnet 44:
  • Husband nature's riches from expense .
  • That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls.
  • Jones reached the final at the expense of Jones, who couldn´t beat him.
  • (obsolete) Loss.
  • * , Sonnet 30:
  • And moan the expense of many a vanished sight.

    Synonyms

    * (that which is expended) cost, charge, outlay, disbursement, expenditure, payment

    Derived terms

    * expense account

    Verb

  • To charge a cost against an expense account; to bill something to the company for which one works.
  • It should be acceptable to expense a business lunch with a client.

    Derived terms

    * expense magazine, (Military):'' a small magazine containing ammunition for immediate use. - Henry Lee Scot ''Military Dictionary ----