Definition of «high income»

The term "high income" refers to an individual or household earning a large amount of money in comparison to others within their society. It is typically used to describe those who fall into the top percentile of wage-earners, and can vary greatly depending on factors such as location, industry, and cost of living. In general, high income refers to an above average level of financial resources that allows for a comfortable lifestyle with access to luxury goods and services.

Sentences with «high income»

  • Generally, these plans are ideal for borrowers with higher incomes in relation to their debt or those who aim to pay off their debt as quickly as possible. (accesslex.org)
  • They can be tax effective for high income earners as long as certain conditions are met. (moneysmart.gov.au)
  • Municipal bonds, because they are tax - exempt, are popular among individuals in higher income tax brackets. (investopedia.com)
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