UNEARNED INCOME

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does unearned income mean? 

• UNEARNED INCOME (noun)
  The noun UNEARNED INCOME has 2 senses:

1. personal income that you did not earn (e.g., dividends or interest or rent income)

2. (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)

  Familiarity information: UNEARNED INCOME used as a noun is rare.

 Dictionary entry details 

• UNEARNED INCOME (noun)

Sense 1

Meaning:

Personal income that you did not earn (e.g., dividends or interest or rent income)

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

unearned income; unearned revenue

Hypernyms ("unearned income" is a kind of...):

income (the financial gain (earned or unearned) accruing over a given period of time)

Domain category:

revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)

Sense 2

Meaning:

(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

unearned income; unearned revenue

Hypernyms ("unearned income" is a kind of...):

income (the financial gain (earned or unearned) accruing over a given period of time)

Domain category:

accounting (a system that provides quantitative information about finances)