passive income
Definition
Earnings from rent, limited partnership, or other sources of income (in which the earner does not take an active part), not including salary, wage, interest, or capital gain. Also called unearned income, passive income can be written off against passive losses.
email to a friend
print this definition
cite this definition
link to this page
passive income is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/passive-income.html