earned income

  

Definition

Income derived from goods sold, services rendered, and work performed. It includes revenue, wages, salary, bonuses, commissions, tips as well as pension and annuities based on income previously earned. Normally, earned income attracts lower tax rates than the unearned income such as dividends and interest.

Related Videos




http://www.businessdictionary.com/definition/earned-income.html

Have a question about earned income? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z