Lexeme: annual income  
Inferred
Definition:
  1. noun. Annual income refers to the amount of money earned by an individual or business within a one-year period. It includes all sources of income, such as wages, salaries, bonuses, commissions, rental income, investment returns, and any other form of payment received during that time frame. Annual income is often used to assess a person's or company's financial status, make financial planning decisions, determine eligibility for certain benefits or loans, and calculate tax obligations. GPT3.5
Word Forms:
  • noun. annual income (singular), annual incomes (plural)
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