Hello, you have come here looking for the meaning of the word
passive income. In DICTIOUS you will not only get to know all the dictionary meanings for the word
passive income, but we will also tell you about its etymology, its characteristics and you will know how to say
passive income in singular and plural. Everything you need to know about the word
passive income you have here. The definition of the word
passive income will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
passive income, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
passive income (countable and uncountable, plural passive incomes)
- (finance) An income that is made using little to no effort, such as pension income, rent, or interest, as opposed to normal employment.
2007 January 25, Penelope Green, “Barons Before Bedtime”, in New York Times, retrieved 27 August 2015:Players win when they get out of the rat race (salaried jobs) by amassing passive income (investments in real estate or the stock market).
2011 April 7, Matthew Caminiti, Paul Hughes, “Taxes 101: A Comparative Perspective”, in Businessweek, retrieved 27 August 2015:Passive income, or profits earned from so-called intangible sources such as interest, is taxed in the U.S. as it is earned.
2015 July 30, Dale Anderson, Jeremy Solis, “Expert insights: is the UK a property safe haven?”, in Telegraph, UK, retrieved 27 August 2015:Investing in a fully managed asset will provide a passive income and will ensure that you are not stuck with finding tenants, repairs and maintenance costs.
Translations
Further reading