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unearned income

   Also found in: Financial, Wikipedia 0.01 sec.
unearned income
n
(Economics, Accounting & Finance / Banking & Finance) income from property, investment, etc., comprising rent, interest, and dividends
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.unearned income - personal income that you did not earn (e.g., dividends or interest or rent income)unearned income - personal income that you did not earn (e.g., dividends or interest or rent income)
income - the financial gain (earned or unearned) accruing over a given period of time
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
2.unearned income - (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
accounting - a system that provides quantitative information about finances
income - the financial gain (earned or unearned) accruing over a given period of time
Translations
unearned income
unearned income nreddito non da lavoro


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However, this unearned income is not bagged under the guise of expenses as per the MPs' ill-gotten gains, but from a councillor's allowance levied on residents by the councillors themselves.
I suggest the RBS boss should be given pounds 150 a week pension and have the rest of his pension taxed at 90% as unearned income.
 
 
 
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