active income

Active Income — Income for which services have been performed. This includes wages, tips, salaries, commissions and income from businesses in which there is material participation. There are three main categories of income: active income, passive income and… …   Investment dictionary

active income — Income from an active business as opposed to passive investment income according to the U.S. tax code. Bloomberg Financial Dictionary …   Financial and business terms

Active management — (also called active investing) refers to a portfolio management strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index. Investors or mutual funds that do not aspire to create a return in …   Wikipedia

income — in·come n: a gain or recurrent benefit usu. measured in money that derives from capital or labor; also: the amount of such gain received in a period of time an income of $20,000 a year Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

Active Bond — A bond or other fixed income security that is frequently traded on the New York Stock Exchange. Active bond orders are typically filled quickly due to the presence of higher demand from investors and generally have lower bid ask spreads. Active… …   Investment dictionary

Active capital — capital cap i*tal (k[a^]p [i^]*tal), n. [Cf. L. capitellum and capitulum, a small head, the head, top, or capital of a column, dim. of caput head; F. chapiteau, OF. capitel. See {chief}, and cf. {cattle}, {chattel}, {chapiter}, {chapter}.] 1.… …   The Collaborative International Dictionary of English

Portfolio Income — Income from investments, dividends, interest, royalties and capital gains. Portfolio income does not come from passive investments and is not earned through normal business activity. Typically, income from interest on money that has been loaned… …   Investment dictionary

Passive Income — Earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved. As with non passive income, passive income is usually taxable; however it is often treated differently by… …   Investment dictionary

Nonpassive Income And Losses — Any income or losses that cannot be classified as passive. Nonpassive income includes any type of active income, such as wages, business income or investment income. Nonpassive losses include losses incurred in the active management of a business …   Investment dictionary