Passive income means income acquired other than as a result of the labor, monetary, or in-kind contribution of either spouse.
Passive income means that portion of gross income consisting of:
Passive income means: interest, dividend, income equivalent to interest, rents and royalties, annuities, the excess of gains over losses from the sale or exchange of property, etc.
Examples of Passive income in a sentence
Passive income from marital property received after the date of separation, including, but not limited to, interest and dividends.
Passive income derived from property of any type shall have the same character for purposes of this agreement as the property from which it is derived.
Passive income is treated as general category income if it is earned by a qualifying financial services entity.
Passive income items such as interest, rental income, divi- dends, and the like, will not be included in the denominator nor will the proceeds or net gains or losses from the sale of aircraft be included.
Passive income is often described as income from investment activities rather than operating activities.
More Definitions of Passive income
Passive income means the part of gross income that consists of:
Passive income means the portion of gross income that consists of:
Passive income means any income arising other than from a company' s own business activities and includes interest, rents, royalties and dividends;
Passive income means income derived from rent, dividends, interests and such other income as may be prescribed;
Passive income means income derived from rent, dividends, interest or such other income as may be prescribed;
Passive income. , in relation to a company, means an amount equal to so 15
Passive income means dividends, capital gains, interest, rents, royalties, disruptions and other income accrued from property of a Party and obtained after the Effective Date of this Agreement. Also includes accrued but unrecognized appreciation in the value of capital assets classified as Separate Property. In the case of ownership of interests in corporations, all dividends therefrom are to be considered passive. In the case of ownership of interests in trusts and partnerships which do not operate a business enterprise, all distributions and income allocations therefrom to a Party are to be considered passive. In the case of ownership of interests in trusts, partnerships, limited liability companies and like business entities which operate a business enterprise, all distributions and income allocations therefrom to a Party are to be considered passive unless a Party materially participates in the business. Where a Party materially participates in a business operated by a trust, partnership or like business entity, all income and distributions from said entity are to be treated as Earned Income.