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Unearned income   /ənˈərnd ˈɪnkˌəm/   Listen
Unearned income

noun
1.
Personal income that you did not earn (e.g., dividends or interest or rent income).  Synonym: unearned revenue.
2.
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet).  Synonym: unearned revenue.






WordNet 3.0 © 2010 Princeton University








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"Unearned income" Quotes from Famous Books



... of the division of the nucleus and its associates and dependencies between those who work for a living, those who have an unearned income and those parasites who scrounge for a living. They perish because of the hard class and caste lines that grow out of economic contradictions; because of the development of a social pyramid, layer above layer, until the summit is reached where ...
— Civilization and Beyond - Learning From History • Scott Nearing



Words linked to "Unearned income" :   accounting, income, revenue enhancement, tax, unearned revenue, taxation



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