Definitions and Examples of income, profit, gain
Learn when and how to use these words with these examples!
Money received, especially on a regular basis, for work or through investments.
Example
His income from his job allowed him to pay his bills and save some money.
The financial gain made in a transaction or business venture after deducting all expenses.
Example
The company's profit margin increased after they implemented cost-cutting measures.
An increase in wealth, resources, or advantage.
Example
She made a significant gain in her stock portfolio after investing in a promising startup.
Key Differences: income vs profit vs gain
- 1Income refers to money earned through work or investments, while cost refers to the amount of money spent on something.
- 2Profit is the financial gain made after deducting all expenses, while cost is the amount of money spent on something.
- 3Gain refers to an increase in wealth, resources, or advantage, while cost refers to the amount of money spent on something.
Effective Usage of income, profit, gain
- 1Financial Planning: Use these antonyms to plan and manage personal or business finances effectively.
- 2Business Communication: Incorporate these antonyms in business conversations to discuss financial performance and strategies.
- 3Investment Analysis: Utilize these antonyms to analyze investment opportunities and make informed decisions.
Remember this!
The antonyms of cost are income, profit, and gain. These antonyms describe the opposite of cost, which is the amount of money spent on something. Use these words to plan and manage finances, discuss financial performance and strategies, and analyze investment opportunities.
