Passive income definition

Passive income means income acquired other than as a result of the labor, monetary, or in-kind contribution of either spouse.
Passive income means that portion of gross income consisting of:
Passive income means the part of gross income that consists of:

Examples of Passive income in a sentence

  • Passive income derived from property of any type shall have the same character for purposes of this agreement as the property from which it is derived.

  • Passive income is often described as income from investment activities rather than operating activities.

  • Passive income generally includes dividends, interest, rents, royalties and capital gains.

  • Passive income generally includes, among other things, dividends, interest, rents, royalties, and gains from the disposition of passive assets.

  • Passive income is treated as general category income if it is earned by a qualifying financial services entity.


More Definitions of Passive income

Passive income means: interest, dividend, income equivalent to interest, rents and royalties, annuities, the excess of gains over losses from the sale or exchange of property, etc.
Passive income means the portion of gross income that consists of:
Passive income means any income arising other than from a company' s own business activities and includes interest, rents, royalties and dividends;
Passive income. , in relation to a company, means an amount equal to so 15
Passive income means income derived from rent, dividends, interest or such other income as may be prescribed;
Passive income means income derived from rent, dividends, interests and such other income as may be prescribed;
Passive income. , in relation to a company, means an amount equal to so much of the gross income of the company for a year of assessment as is derived from financial instruments. 30