word for "high income earner"
people often use the word "rich" to mean someone who has a high income, regardless of their assets, cash flow or net worth. is there a more appropriate word? or is the phrase "high incoming earner" as good as it gets?
e.g. "the tax concerns of a rich person are distinct from the tax concerns of a high income individual."
update: i have accepted "lucrative", and intend to use it to contrast "lucrative people" and "rich people". i think a nice runner up is "high earner", and h.e.n.r.y. is a pleasant sidenote.
thanks everyone for the help :)
If you are referring to people who have just a high income, but not big assets:
- High Earners, Not Rich Yet (HENRYs) are young, usually well educated, and highly paid but have not accumulated significant wealth yet.
In finance a common definition for those who have also big assets is:
High-net -worth individuals:
- A high-net-worth individual (HNWI) is a person with a high net worth. In the western, and primarily American, private banking business, these individuals typically are defined as having investable finance (financial assets, excluding primary residence) in excess of US$1 million in constant 2006 dollars.
Wikipedia
I don't think you can find a single-word that expresses it better than "high-income earner". In specific cases you might say "high income client" or "high income businessman". If we had a better term, the financial world would be using it.
The term, which has now become somewhat derogatory, is one percenter.
To be a one percenter, your income has to be above a certain amount, which varies by state. This term solely applies to income. Meaning, you cannot be labeled as such if you only have a high net worth, you must earn more than the state defined amount.
For more info. http://www.financialsamurai.com/the-top-one-percent-income-levels-by-state/
Consider, high incomers.
incomer [from INCOME noun + -ER]: a person who earns a specified kind or level of income. Usu. with specifying word. high incomer, low incomer, etc. Seadict.com
VAN HOLLEN: Well, there are two parts of the fiscal cliff, right? One is the sequester we're talking about and the other part is the tax piece. And what the president has said on that is very clear. That we should immediately extend tax relief to 98 percent of the American people, in fact, 100 percent based on their first $250,000 income.
Republicans have said we're going to hold middle class taxpayers hostage. We're not going to give tax relief to 98 percent of the American people, unless, very high incomers, people like Mitt Romney, get a bonus tax break. I don't think that that's a sustainable position come January 1st. CNN