income statement
noun
Simple meaning
A calculation which shows the profit or loss of an accounting unit during a specific period of time.
Pronunciation
Say it like this:
inkuhmstaytmuhntSay the bold part a little louder.
IPA pronunciation (US)
ˈɪnkəmsˈteɪtmənt
This word is pronounced essentially the same in American and British English, so one transcription covers both.
IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.
Definition
Everyday modern meanings first, grouped by part of speech.
noun
accounting
A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.
Word Aura™
How this word commonly comes across.
This meaning: (accounting) A calculation which shows the profit or loss of an accounting unit (company, municipality, foundation etc.) during a specific period of time, providing a summary of how the profit or loss is calculated from gross revenue and expenses.
Used this way, income statement is a specialist word with a faintly unfavourable edge. This is a financial use: it has a settled meaning in accounting and business, where precision matters more than colour.
- Emotional tone
- Slightly negative
- Formality
- Specialist/technical
- Intensity
- Moderate
- How common
- Specialized
- Connotation
- Critical or judgemental
- Usage feel
- Clinical and detached
Where it naturally appears
- Finance/economics
- Business/professional
Usage note
In general conversation this sense usually needs explaining — outside its field, people reach for a plainer word.
Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.
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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.