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financial statement vs income statement

income statement vs financial statement

financial statement and income statement both are nouns.

Word NounAdjectiveVerbAdverb
financial statement Yes No No No
income statement Yes No No No
As nouns, income statement is a hyponym of financial statement; that is, income statement is a word with a more specific, narrower meaning than financial statement:
  • financial statement: a document showing credits and debits
  • income statement: a financial statement that gives operating results for a specific period
financial statement (noun) income statement (noun)
a document showing credits and debits a financial statement that gives operating results for a specific period
Difference between financial statement and income statement

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