noun
real income
Economic term for income adjusted for inflation, reflecting actual purchasing power.
実質所得が上がらないと、生活は楽にならない。
If real income doesn't rise, life won't become easier.
インフレを考慮した実質所得で比較する必要がある。
We need to compare using real income, which accounts for inflation.
名目所得 is nominal income (not adjusted for inflation), while 実質所得 is real income (adjusted for inflation).
Compound of 実質 (real, substantial) and 所得 (income).