- Unearned Income
- Any income that comes from investments and other sources unrelated to employment services.
Examples of unearned income include interest from a savings account, bond interest, tips, alimony, and dividends from stock. As long as this income is "realized" then it is taxable.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
unearned income — ( revenue) Income received in advance of the time at which it is earned, such as prepaid rent. Bloomberg Financial Dictionary * * * unearned income unearned income ➔ income * * * unearned income UK US noun [U] (also investment income) … Financial and business terms
unearned income — un·earned income n: income (as interest and dividends) that is not gained by labor, service, or skill compare earned income Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
unearned income — Income not derived from trades, professions, or vocations, or from the emoluments of office. In the UK, until 1984, it was thought that as investment income was more permanent than earned income and did not depend on the labours of the taxpayer,… … Accounting dictionary
unearned income — Income not derived from trades, professions or vocations, or from the emoluments of office. In the UK, until 1984, it was taxed more heavily than earned income, incurring an investment income surcharge of 15%. Both earned and unearned income are… … Big dictionary of business and management
unearned income — ► NOUN ▪ income from investments rather than from work … English terms dictionary
unearned income — noun uncount money that you get from something you have invested in, for example property or STOCKS … Usage of the words and phrases in modern English
Unearned income — This article is about a property of personal income. For the financial accounting term, see deferred income. Unearned income is a term in economics that has different meanings and implications depending on the theoretical frame. To classical… … Wikipedia
unearned income — [[t]ʌ̱nɜː(r)nd ɪ̱ŋkʌm[/t]] N UNCOUNT Unearned income is money that people gain from interest or profit from property or investment, rather than money that they earn from a job. ... reduction in the tax on unearned income could be a boost for… … English dictionary
unearned income — the proceeds of crime Not, as formerly and misleadingly in Britain, the income from savings and investments, the cost of which had previously been earned by the recipient and taxed, nor the money paid by the state to those who do not work:… … How not to say what you mean: A dictionary of euphemisms
unearned income — income received from property, as interest, dividends, or the like. Cf. earned income. * * * … Universalium