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income statement vs financial statement

financial statement vs income statement

income statement and financial statement both are nouns.

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

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