income

Vocabulary Word

Definition

'Income' means the money you receive on a regular basis. This can be your salary from work, profits from a business, or returns on investments.

Examples in Different Contexts

In technology companies, 'income' generation often depends on innovation and market relevance. A tech CEO might state, 'Maintaining a steady income stream requires continuous innovation and the ability to adapt to the ever-evolving market demands.'

Practice Scenarios

Creative

Scenario:

Your latest sculpture series has been well received by the art community. We are obtaining much admiration and potential buyers.

Response:

The positive reception of my sculpture series may contribute to a healthy increase in my artistic income.

Business

Scenario:

Successfully diversifying our products led to profitable results last quarter. We should keep innovating and exploring new opportunities.

Response:

Indeed, our diversification strategy has boosted our income. We should continue to seek potential markets.