What is "income bond"

Income \In"come\, n.

1. A coming in; entrance; admittance; ingress; infusion. [Obs.]
   --Shak.

   More abundant incomes of light and strength from God.
   --Bp. Rust.

   At mine income I louted low.
   --Drant.

2. That which is caused to enter; inspiration; influence; hence, courage or zeal imparted. [R.]

   I would then make in and steep My income in their blood.
   --Chapman.

3. That gain which proceeds from labor, business, property, or capital of any kind, as the produce of a farm, the rent of houses, the proceeds of professional business, the profits of commerce or of occupation, or the interest of money or stock in funds, etc.; revenue; receipts; salary; especially, the annual receipts of a private person, or a corporation, from property; as, a large income.

   No fields afford So large an income to the village lord.
   --Dryden.

4. (Physiol.) That which is taken into the body as food; the ingesta; -- sometimes restricted to the nutritive, or digestible, portion of the food. See Food. Opposed to output.

   Income bond, a bond issued on the income of the corporation or company issuing it, and the interest of which is to be paid from the earnings of the company before any dividends are made to stockholders; -- issued chiefly or exclusively by railroad companies.

   Income tax, a tax upon a person's incomes, emoluments, profits, etc., or upon the excess beyond a certain amount.

   Syn: Gain; profit; proceeds; salary; revenue; receipts; interest; emolument; produce.