income account
noun
: a financial statement of a business showing the details of revenues, costs, expenses, losses, and profits for a given period
called also income statement
Cite this Entry
“Income account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20account. Accessed 31 Oct. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share