Gelir is a Turkish term that translates to "income" in English. It refers to the money received by individuals or organizations, typically as a result of work, investments, or business activities. Income can come from various sources, including salaries, wages, rents, dividends, and profits. In economics, understanding gelir is essential for assessing financial health and making informed decisions. It plays a crucial role in budgeting, saving, and investing. Different types of income can be categorized as active or passive, with active income requiring ongoing effort, while passive income is earned with little to no active involvement.