Inntekt

**Inntekt** is a Norwegian term that translates to “income” in English. It refers to the money received by individuals or entities, typically in exchange for labor, goods, or services. Income can come in various forms, including wages, salaries, dividends, interest, and rental income, among others. It is a key concept in economics and personal finance, as it represents the financial resources available to individuals, which they can use for consumption, savings, and investment. Inntekt can be categorized into different types, such as gross income (total earnings before taxes and deductions) and net income (earnings after taxes and deductions). Understanding income is crucial for budgeting, financial planning, and assessing overall financial health.