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Unearned income   /ənˈərnd ˈɪnkˌəm/   Listen
Unearned income

noun
1.
Personal income that you did not earn (e.g., dividends or interest or rent income).  Synonym: unearned revenue.
2.
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet).  Synonym: unearned revenue.





WordNet 3.0 © 2010 Princeton University


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"Unearned income" Quotes from Famous Books



... must not be led away. Fifty thousand pounds, properly invested, is only two thousand a year. When you have deducted the income-tax—and the tax on unearned income is extremely ...
— First Plays • A. A. Milne


Words linked to "Unearned income" :   taxation, income, revenue enhancement, tax, accounting


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