Advertising

Passive income

• Income derived from the property of the corporation such as royalties, rent, interest, or dividends.

• Earnings derived from a rental property, limited partnership, or other enterprise in which the individual is not actively involved. Passive income therefore does not include earnings from wages or active business participation, nor does it include income from dividends, interest, and capital gains. See also: Passive Loss; Unearned Income.

 
 

Follow this link for all the terms related to income.

 
 Embedded terms in definition
 Active
Capital gain
Capital
Corporation
Dividends
Earned income
Earnings
Income
Interest
Limited partnership
Limited partner
Participation
Partnership
Passive loss
Royalties
Unearned income
 
 Related Terms
 

<< Passbook savings accounts Passive investment management >>

Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

No one ever achieved greatness by playing it safe. - Harry Gray

Advertising



Copyright 2009-2018 GVC. All rights reserved.