Future Income definition

Future Income means any future potential source of money, and expressly includes a future pay or salary, pension, or tax refund.
Future Income means those amounts that Student may receive in the future as income that will serve as the basis for calculating the Payments linked to a Student’s income.
Future Income means those amounts that Student may receive in the future as income that are used to calculate the Remittances. Such Remittance amounts are hereby sold, pledged, assigned, and/or transferred to Education Equity pursuant to this Agreement.

Examples of Future Income in a sentence

  • Future Income Generator (Joint) This benefit focuses on providing guaranteed lifetime periodic withdrawals, regardless of market performance, on joint lives (the Designated Lives).

  • Future Income TaxesThe Corporation follows the asset and liability method of accounting for future income taxes.

  • Future Income Generator (Single) This benefit focuses on providing guaranteed lifetime periodic withdrawals, regardless of market performance, on a single life (the Designated Life).

  • The following six funds are available: Future Secure Fund, Future Income Fund, Future Balance Fund, Future Maximize Fund, Future Apex Fund and Future Opportunity fund.

  • Future Income Taxes The Company follows the liability method of accounting for income taxes.

  • All future premium re-directions related to the closed fund shall be redirected to the Future Income Fund.

  • Default Segregated Fund (in case of closure)In case the existing Segregated Fund is closed the default Fund is Future Income Fund (SFIN: LIF002180708FUTUINCOME133) In case any existing Segregated Fund is closed, We shall seek prior instructions from You for Switching Units from the existing closed Segregated Fund to any other available Segregated Fund under the Policy.

  • You are, however, contractually obligated to make all Payments, including those that are calculated based upon your Future Income.

  • Future Income Taxes The Company uses the asset and liability method of accounting for income taxes.

  • This Agreement is not a sale, pledge, or assignment of your Future Income and Funder does not have a right under this Agreement to redirect, levy, or garnish any amounts that you receive from your employer or any other sources of income.


More Definitions of Future Income

Future Income means all Income due from the Property after any Date of Disclosure.

Related to Future Income

  • Moderate income means more than 50 percent but less than 80

  • Income means the following:

  • Tax Benefits means the net operating loss carryovers, capital loss carryovers, general business credit carryovers, alternative minimum tax credit carryovers and foreign tax credit carryovers, as well as any loss or deduction attributable to a “net unrealized built-in loss” within the meaning of Section 382 of the Code and the Treasury Regulations promulgated thereunder, of the Company or any of its Subsidiaries.

  • Earnings means, in relation to a Ship, all moneys whatsoever which are now, or later become, payable (actually or contingently) to the Borrower owning that Ship or the Security Trustee and which arise out of the use or operation of that Ship, including (but not limited to):