Definition of INCOME


INCOME

The gain which proceeds from property, labor, or
business; it is applied particularly to individuals; the income of
the government is usually called revenue.

2. It has been holden that a devise of the income of land, is in
effect the same as a devise of the land itself. 9 Mass. 372; 1
Ashm. 136.

Source: Bouviers Law Dictionary 1856 Edition

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