Phantom income
	• Is a taxable event even though no cash flow was generated during the year other than an accounting accretion which represented interest.
	Follow this link for all the terms related to income.
	Embedded terms in definition
	Cash flow Cash Event Interest
	Related Terms
	Active business income Adjusted gross income Common size income statement Deferred income taxes Disposable income Earned income Economic income Fixed income equivalent Fixed income instruments Fixed income market Income Income before taxes Income beneficiary Income bond Income bonds Income fund Income replacement ratio Income statement Income stock Investment income Life income with refund annuity Monthly income preferred security Net income Net income before taxes Operating income Ordinary income Other income Passive income Personal income Pre tax income Spread income Taxable income Underwriting income Unearned income

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How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

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