Steady income definition

Steady income means ongoing income re- ceived from salaries (including commuting allow- ance), business income, real estate income, or pension income, etc. Occasional income such as retirement income or occasional payments are not included.
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Steady income means a legal, regular, permanent source of funds maintained for a period of at least 90 days while resident in permanent housing.
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Examples of Steady income in a sentence

  • Steady income must be generated and expenses carefully budgeted and monitored so that economic stability can be maintained.

  • Steady income through Trusteeship fees has helped company to wipe out its accumulated losses.

  • There is a decrease in comparison to the value of 2008, when 66% of the negatives correspondences where not found, being the best value in all years (2006 to 2009).

  • Steady income, but little expenditures which are mostly in advertising.

  • Document & other requirements: What we look for in a Real Estate loan application:• Steady income sufficient to repay the loan and other obligations.• A good past credit history – both business and personal.• Sufficient collateral that is readily identifiable, with a wide market of resale.• Financials in line with or exceeding peers.• Minimum 20% owner equity in the property.

  • During the lifetime of one ci6each member gets money once Joint decision by members whenever needed Amount of money providedLarger sums (between 20,000 and 80,000 IRs)Mainly smaller sums (between 500 and 8,000 IRs)Preconditions Steady income of adequate size No steady income required Guarantor Necessary NecessaryUse of money Private 1.

  • Steady income is guaranteed by activities that are not risky and are certain to bring in income.

  • Steady income instead of agreements formats in improper disclosure agreement letter as much money.

  • Best for borrowers with:§ Steady income § Current income similar to 2019 tax filingsPaper application.

  • Steady income from these exercises might be utilized to counterbalance capture and storage costs.

Related to Steady income

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Household income means the combined income of the members

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Nonbusiness income means all income other than business income.

  • Revenue means the price for iron ore from the mineral lease the subject of any shipment or sale and payable by the purchaser thereof to the Company or an associated company less all export duties and export taxes payable to the Commonwealth on the export of the iron ore and all costs and charges properly incurred and payable by the Company from the time the ore shall be placed on ship at the Company’s wharf to the time the same is delivered and accepted by the purchaser including — (1) ocean freight; (2) marine insurance; (3) port and handling charges at the port of discharge; (4) all costs properly incurred in delivering the ore from port of discharge to the smelter and evidenced by relevant invoices; (5) all weighing sampling assaying inspection and representation costs; (6) all shipping agency charges after loading on and departure of ship from the Company’s wharf; and (7) all import taxes by the country of the port of discharge;

  • Recurring Revenue With respect to any Recurring Revenue Loan, the meaning of “Recurring Revenue” or any comparable definition in the related Underlying Instruments relating to recurring maintenance or support revenues, subscription revenues, and recurring revenues attributable to software licensed or sold (excluding one-time license revenues) in the Underlying Instruments for such Loan.