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  • Concept in Definition ABC
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    Concept in Definition ABC

    Miscellanea   /   by admin   /   July 04, 2021

    By Florencia Ucha, in Dec. 2008

    rentIncome is a concept fundamentally linked to the economic context, but that can refer to several issues at the same time.

    Because rent for example is any form of income, either that which comes from the rental of a property or land that belongs to us and for which each month we receive an amount previously stipulated with the tenant. Also the word rent refers to income, the sum of money monthly, biweekly, weekly, that workers receive as a result of the compliance of the work for which he was hired in a timely manner.

    The latter would be the income that is received in exchange for completing a job and that is paid by the company that hires us, while there is also the Universal Basic Income which is the proposal of an income paid by the State and which would also ultimately be the right that we citizens of this world have, regardless of nationalities, cultures, religions or any other form of differentiation that occurs to them, to receive some income newspapers product of

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    realization of some work either in relation to dependence or independently and that will serve to cover our most basic needs such as feeding ourselves, receiving a education, dress, etc.

    Among the most important characteristics of this are: that it has an individual scope, it is received by each person individually, thus avoiding any public spending that adds more bureaucracy; universal, that is, it does not depend on the person who receives it making a prior contribution; unconditional, since it will not take into account another type of income of the beneficiary, nor will it be claimed any consideration and finally, the amount that will depend on the amount necessary to meet and cover the basic needs.

    Likewise, income, when accompanied by the term fixed, fixed income, refers to the interest that an entity gives us financial for the purchase and holding of bonds. And on the other hand, we have the variable income that is the one that comes from the Stock Market Commerce as a result of the continuous fluctuations or changes suffered by stock prices, for example.

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