Wiktionary
n. (context taxation English) income that is not a wage, such as interest, dividends or realized capital gains from investments, rent from land or property ownership, and any other income that does not derive from work.
WordNet
n. personal income that you did not earn (e.g., dividends or interest or rent income) [syn: unearned revenue]
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet) [syn: unearned revenue]
Wikipedia
Unearned income refers to income received by virtue of owning property (known as property income), inheritance, pensions and payments received from public welfare. The three major forms of unearned income based on property ownership are rent, received from the ownership of natural resources; interest, received by virtue of owning financial assets; and profit, received from the ownership of capital equipment. As such, unearned income is often categorized as " passive income".
Unearned income can be discussed from either an economic or accounting perspective, but is more commonly used in economics.
Usage examples of "unearned income".
An unearned income encourages self-pity in those already prone to it.
That is called unearned income, but actually I have earned it by the years of devoted service I have rendered to the company.
On box number four, a dissipated young man with the world-weariness that goes with a large unearned income.
Fat and lazy from living off unearned income-they didn't even want to do their own fighting, until those scraggly mercenaries they'd hired found out what they were up against, and turned tail.
That bootee, through growth and inflation, has come to be worth four times that much now, giving me an unearned income of seven thousand dollars a year.
Fat and lazy from living off unearned income--they didn't even want to do their own fighting, until those scraggly mercenaries they'd hired found out what they were up against, and turned tail.