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gōng zī
n. wages, pay, salary
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工资 vs 收入
These two words are quite similar and sometimes interchangeable.
1. 工资 is salary or wage that someone receives from employment
2. 收入 can refer to personal income or company income. When it refers to personal income, it's a wider term, including income from formal employment or income from any other sources.
For example, for a person works as a freelancing graphic designer, we use 收入, not 工资.
But for a person that's employed by a designing company, we can use 工资.
Can I use 工资 (gōngzī (gong1 zi1)) in formal and informal contexts?
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