- Income and expenses generated or lost from sources not directly related to a business' core operations. Examples include income produced from the sale of assets or expenses accrued from lender fees due to overdrawing.
other income, other expenses
Related Terms and Acronyms
- Expense — Definition,
- Costs incurred through a business's operations.
- Fixed Expenses (FE) — Acronym,
- Fixed business costs that do not change regardless of business volume, such as property rental, insurance payments, utilities, etc.
- Gross Income — Definition,
- Normal annual income including overtime that is regular or guaranteed. The income may be from more than one source. Salary is generally the principal source, but other income may qualify if it is significant and stable.
- Income — Definition,
- The money earned in a specific time period.
- Investment — Definition,
- Something you put your money into in order to make money.
- Investment Income — Definition,
- Income that is earned from investments such as interest, dividends, and capital gains.
- Loss — Definition,
- When expenses are larger than revenues.
- Net Cash Flow (NCF) — Acronym,
- Incremental after-tax income plus depreciation expense resulting from investment.
- Operating Cash Flow (OCF) — Acronym,
- The money a company generates from its business operations. This revenue excludes costs from certain investments.
- Operational Expenses (OpEx) — Abbreviation,
- Costs accruing from a business's business operations.
- Profit — Definition,
- When revenues exceed expenses.
- Solvency — Definition,
- To be able to meet one's financial liabilities in the short or long term.