Unearned Income - Law Dictionary Search Results
unearned income
unearned income : income (as interest and dividends) that is not gained
Investment company
the income of an individual, would have been regarded as unearned income, Nawn Estate (P) Ltd. v. CIT, AIR 1977 SC 153
earned income
from the personal labor or services of an individual compare unearned income
earned
action used especially of income as earned income Contrasted with unearned
reserve
and assumed claims for a given year in life insurance unearned premium reserve : a reserve of funds which represents premiums … (a question of law) [the justices reserved the question because it was not an issue in the case] n 1 :
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