Personal income refers to the total earnings that an individual receives from all sources during a particular period. Synonyms for personal income include gross income, individual income, earnings, pay, salary, wages, revenue, and compensation. Gross income refers to the total income earned before deductions, including taxes, whereas net income is the amount earned after all deductions have been made. Individual income and personal income are interchangeable terms that emphasize the earnings of an individual rather than a corporation or business entity. Earnings, pay, salary, and wages emphasize the compensation received for work performed, and revenue and compensation refer to income earned from various sources, including investments and business ventures.