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WordNet-Online
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Definitions from the WebTerm: Level of IncomeDescriptionThe term "level of income" refers to the amount of money or earnings an individual or household receives within a given period. It indicates the overall financial resources available to meet expenses, save, invest, and maintain a certain standard of living. Senses and UsagesSense 1: Overall Amount of EarningsExample: "John's level of income has significantly increased since he got promoted." Sense 2: Income ClassificationExample: "People belonging to lower levels of income often struggle to make ends meet." Sense 3: Income InequalityExample: "The government aims to reduce the level of income disparity between different socioeconomic groups." Related ProductsExplore relevant products on Amazon: | ||||
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