Unearned Income


  • This type of income can include funds that are gained from interest, dividends, investments, or capital gains as opposed to income that is earned by working for a salary, hourly wage, or gratuity.

residual income

Alternate Spellings
Unearned Income

Related Terms and Acronyms

  • Earned Income Definition,
    • Money earned through wages, salaries, tips, net earnings (if self-employed), and any other income received for work or personal services. Investment income, such as dividends and interest, is not counted as earned income.
  • Income Property Definition,
    • Real estate developed or improved to produce income. Also referred to as "non-owner occupied property" or "rental property."
  • Investment Income Definition,
    • Income that is earned from investments such as interest, dividends, and capital gains.
  • Mixed-income Housing Definition,
    • A neighbourhood whose residents earn widely varying wages and salaries.
  • Ordinary Income Definition,
    • Income that does not qualify as a capital gain including wages, interest, dividends, and net income from a business.
  • Personal Disposable Income Definition,
    • Personal income minus personal income tax payments. Also called "take-home pay."
  • Royalty Income Definition,
    • Payment for the use and exploitation of certain kinds of property, such as artistic or literary works, patents and mineral rights.
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