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"income" vs "wage"

Both 'income' and 'wage' are correct terms, but they are used in different contexts. 'Income' refers to the money received on a regular basis, usually from work, investments, or other sources. 'Wage' specifically refers to the payment received for work or services rendered.

Last Updated: March 24, 2024

income

This is a correct term commonly used in English.

Use 'income' to refer to the money received on a regular basis, typically from work, investments, or other sources.

Alternatives:

  • earnings
  • revenue
  • salary
  • pay

wage

This is a correct term commonly used in English.

Use 'wage' to specifically refer to the payment received for work or services rendered.

Alternatives:

  • salary
  • paycheck
  • compensation
  • remuneration

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