Economy

What is income? »Its definition and meaning

Anonim

Rent is called the constant type of income, although it comes from different parts, which is mostly controlled by governmental economic entities or those enjoying civil importance. There are different programs established to modify and ensure the proper performance of economic acts, in which outstanding debts with competent banking bodies are canceled. Even so, the most common contextualization of the term "rent" resides in the payment of debts contracted with an individual or company, for example: during the rental of a house or property, the owner can condition the payment of his client, which it can be canceled at certain time intervals.

The income tax, for its part, is an economic moderator that is responsible for imposing laws within what is the balance of outstanding accounts, contracted with the state because of the establishment of a business premises. This is generated as an analogous way to achieve a stable national income, anchored in the duty of citizens to the state. Likewise, all income programs may vary depending on the nation in question; they can be many more or they can refer to dealing with central points of the economy.

Another context in which the term "income" is used is also used to name the constant payment to a worker; the remuneration for the service offered is taken as a type of debt that is periodically regenerated. Similarly, aid programs such as scholarships are also seen as a type of income; national income, per capita income, universal basic income and others, are just some of the many types of income that can be appreciated around the countries.