income approachglossary / INCOME APPROACH income approach. A method of appraising real property based on capitalization of the income that the property is expected to generate. Cf. MARKET APPROACH; COST APPROACH . [Cases: Taxation 348(5).] 词条贡献者 双语律师Philipp,国际知名法学院法律专业,擅长翻译各类与医疗保健相关诉讼相关的法律文件。