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real income

[ree-uh l, reel]
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noun
  1. the amount of goods and services that money income will buy.
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Origin of real income

First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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real income in Culture

real income

Income measured in terms of the goods and services it can buy.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.