Definition of Net income (food stamps)

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TeachMeFinance.com - explain Net income (food stamps)



Net income (food stamps)

The term 'Net income (food stamps) ' as it applies to the area of agriculture can be defined as ' As relates to the food stamp program, net monthly income is an amount calculated for each food stamp household that, together with its size, effectively determines its food stamp benefit. It is calculated by reducing the household’s total cash monthly income by a series of deductions. The lower a household’s net income, the larger its food stamp benefit'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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