non-interest income

Definition

Bank's income mainly from service and penalty charges and, to a much less extent, from asset sales and property leasing. Unlike interest income, this income is largely unaffected by economic and financial market cycles and is usually not controlled by law or regulation.

Use non-interest income in a sentence

You should try and figure out a way to get even more non-interest income coming in to your company for the long term.

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The large banks are able to make an considerable amount of funds through non-interest income, such as service charges on accounts they hold.

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The non-interest income of Citi Bank was well into the millions of dollars and they were very pleased with this revenue but their customers were not.

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non-interest expense non-interest-bearing account