residual income

Definitions (2)
Popular Terms
1. Net income that an investment can earn over the minimum rate of return (time-deposit interest rate).
2. Royalty income that accrues to the owner of an intellectual property, such as art, books, lyrics, music, patents, etc.

Use 'residual income' in a Sentence

The residual income from the investment continued to trickle in which was a pleasant surprise regarding the forgotten small investment.
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Having a good residual income will let you be able to take some risks with other funds that you may have already accrued.
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I wanted to know if we would have any residual income leftover after taxes that we would be able to use for our vacation.
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