Actual income definition

Actual income means income already received in the initial month plus all the income that reasonably may be expected to be received within the initial month.
Actual income means income from any source.
Actual income means a parent's gross earnings and income from any source, including those sources listed in section (4), except as provided in section (5).

Examples of Actual income in a sentence

  • The markets noted with Actual income policy will be credited income when it is received.

  • Actual income and expenditure is likely to vary from the established budgets, but in the round these will compensate, and the approved budget need only be sufficient to meet overall expenditure requirements.

  • Actual income budgeting involves looking at income actually received within a specific month to determine income eligibility for that month.

  • Actual income distributed from trust funds that are not revocable by or under the control of any member of the tenant family.

  • Actual income and expenditures will be compared to the budget on a quarterly basis.


More Definitions of Actual income

Actual income as set forth in Section 4(e) is hereby amended to add the following phrase at the end thereof: “provided, further, that any accounting credits or charges associated with any interest rate swap derivatives shall be excluded from Actual Income;”
Actual income means the annual operating income of the Contractor [and/or without double counting the Leisure Operator] in relation to the [Facility/ Facilities] [(and excluding any actual Excluded Items (Income)] where the Actual Leisure Management Amount is a deficit figure)], generated through the provision of the Benchmarked Services in relation to the [Facility/ Facilities] after adding back in any monies not received by the Contractor [and/or without double counting the Leisure Operator] due to any fraudulent or criminal act or omission and the amount of loss of operating income due to Non-Rectified Performance Failures as defined in and referred to in Schedule 6 (Payment and Performance Monitoring System);
Actual income means the annual operating income of the Contractor in relation to the [Facility/ Facilities] (without double counting and excluding any management fee payable to the Contractor), generated through the provision of the Services in relation to the [Facility/ Facilities];
Actual income means the annual operating income of the Contractor in relation to the [Facility/ Facilities] (without double counting and excluding any actual Excluded Items (Income) where the Actual Leisure Management Amount is a deficit figure), generated through the provision of the Benchmarked Services in relation to the [Facility/ Facilities] after adding back in any monies not received by the Contractor due to any fraudulent or criminal act or omission or due to any breach of this Agreement by the Contractor (for the avoidance of doubt, and without limitation to include loss of operating income due to Performance Failure as calculated by reference to Schedule 6 (Payment and Performance Monitoring System));
Actual income shall be "Income (loss) before income taxes, discontinued operations and cumulative effect of accounting change for goodwill", as reflected on the Company's Consolidated Statement of Operations for the applicable fiscal year; provided, however, that if there are write-offs
Actual income means all earnings and income from any source, except as provided in section (4). Actual income includes but is not limited to:
Actual income means known income as supported by sufficient documentation or testimony to be used by the court or administrative authority in establishing or modifying a child support obligation. The phrase does not include imputed income or presumed income.