unearned income

Definition

An individual's income derived from sources other than employment, such as interest and dividends from investments, or income from rental property. also called unearned revenue. opposite of earned income.

“ I had a lot of unearned income and that made me happy because it was a great addition to the income I already made. ”

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“ The unearned income of the individual was not insignificant, so we had to consider that amount of wealth in the equation. ”

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“ Jack used his unearned income, which he received from his recently acquired stock trades, to purchase his new big black boat. ”

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