loss of income
Money stops coming
Loss of income is a reduction or elimination of money regularly earned, typically from employment or business.
The phrase appears most often in legal and insurance contexts, where it describes financial harm from injury, disability, or other circumstances preventing someone from working: She filed a claim for loss of income after the accident.
Distinguished from lost wages, which usually refers to a specific, calculable amount.
- unemploymentBeing without paid work
- layoffTermination without cause
- pink slipEmployment termination notice
- bankruptcyLegal status when insolvent
- debtMoney owed another
missed payments · falling behind · poverty · bills · eviction · foreclosure · severance · downsizing · redundancy · hardship · struggle · broke · destitute · paycheck · wages · salary · fired · terminated
- damagescompensatory, punitive, punitive damages, nominal, actual
- Jewish Tortstorts, tort law, property damage, bodily harm, personal injury
- employee benefitshealth insurance, pension, 401k, 401(k), retirement
- injury claimspersonal injury, injury claim, injury settlement, insurance claim, bodily harm
- malpracticemalpractice, medical malpractice, legal malpractice, malpractice insurance, professional negligence
- tort lawtort, tort law, negligence, duty of care, breach of duty
loss of incomewindfall
Unanticipated lucky gain
financial gain · profit · pay raise · wage increase · salary increase
loss of incomeincome security
Guaranteed steady earnings
steady income · financial security · financial stability · job security · guaranteed income
loss, lose, loses, losing, loser, losers, losses, income, incomes