earningsearn·ings /ˈɜːnɪŋzˈɜːr-/ noun [plural]1FINANCEthe money that a person receives for the work they do in a particular period of timeHe always thought he’d be satisfied even if his earnings didn’t reach $20,000 a year.
the gap between the gross earnings (=income before tax) of manual and non-manual workers
2ECONOMICSthe total amount that people receive for the work they do in a particular industry or economy in a particular period of timeThis month’s figures on inflation, industrial production, average earnings (=the average amount that people earn) and unemployment are expected to show continuing economic weakness.
3FINANCEACCOUNTINGthe profit that a company makes in a particular period of time, or the total profits that companies make in a particular industry or economy in a particular period of timeBritish Airways counts on North Atlantic flights for about half its earnings.
This year, the steel industry’s earnings should be higher with the completion of costly modernization programs.
Few can match Quality’s earnings growth of 40% per year over the past five years.
→ annual earnings → core earnings → retained earnings → undistributed earnings4buy earnings growthFINANCE an investor buys earnings growth by buying shares that are quite cheap in relation to the amount of profit the company made in the previous year, hoping that the value of the shares will increaseThe company could buy earnings growth for its shareholders by buying ports overseas with its excess capital.
→ see also PE ratio