unearned income

1 definition found

unearned income - WordNet (r) 2.1 (2005) :

  unearned income
      n 1: personal income that you did not earn (e.g., dividends or
           interest or rent income) [syn: unearned income, unearned revenue
           ]
      2: (accounting) income received but not yet earned (usually
         considered a current liability on a company's balance sheet)
         [syn: unearned income, unearned revenue]