Variable income definition

Variable income means earned or unearned income that is not always received in the same amount each month.
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Variable income means income in a dollar amount that changes from payment to payment.
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Variable income means income in an amount that changes from payment to payment.
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Examples of Variable income in a sentence

  • Lost wages are computed as the gross rate of pay times the number of scheduled hours of work missed.b. Variable income.

  • Variable income" means earned or unearned income that is not always received in the same amount each month.Stat.

  • Variable Income Payments — Variable income payments are periodic payments from the Company to the designated Payee, the amount of which varies from one payment to the next as a reflection of the net investment experience of the Sub-Account(s) you select to support the payments.

  • Variable income such as commissions, bonuses, overtime pay, dividends, etc.

  • Variable income payments will not decrease if the annualized return over the duration separating the payments is at least equal to the 5% yearly Assumed Investment Return (described above) plus the sum of the Mortality & Expense Risk and Administration Charges shown on the Schedule.

  • Variable income - Shares: financial assets at fair value through profit or loss include equity interests in listed entities.

  • Variable income payments will not decrease if the annualized return over the duration separating the payments is at least equal to the yearly Assumed Investment Return shown on the Schedule plus the sum of the Mortality & Expense Risk and Administration Charges shown on the Schedule.

  • Variable income –- Annual Performance Pay (APP)- Performance-related Long-Term Incentive Plan (LTIP)Base salaryOn joining the Company, the Managing Director, KMP and Senior Executives receive a base salary comparable to the peer group.

  • Variable income is household income normalized with an assumed maximum income level of $400, 000.

  • Variable income plans continue to be assessed Base Contract Charges.


More Definitions of Variable income

Variable income means income that is irregular and non-periodic and the amount is not fixed ex-ante.
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Variable income means variable payments made in cash or by non-cash means in order to reward the performance of the relevant employee in the subject period.
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Related to Variable income

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Variable Return means a percentage calculated as follows:

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Disposable income means that part of the income due and payable of any individual remaining

  • Distributable Income means, for any period, the net income of Centurion Apartment REIT, including income earned from its proportionate interest under the Rollover Agreement and its applicable consolidated Subsidiaries for such period set out in its consolidated financial statements as determined in accordance with GAAP, subject to certain adjustments, including: (a) adding back the following items: depreciation, amortization (except for amortization of deferred financing costs, future income tax expense, losses on dispositions of assets and amortization of any net discount on long-term debt assumed from vendors of properties at rates of interest less than fair value); and (b) deducting the following items: future income tax credits, interest on convertible debentures to the extent not already deducted in computing net income, gains on dispositions of assets and amortization of any net premium on long- term debt assumed from vendors of properties at rates of interest greater than fair value and any other adjustments determined by the Trustees in their discretion.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Intangible income means income of any of the following types: income yield, interest, capital gains, dividends, or other income arising from the ownership, sale, exchange, or other disposition of intangible property including, but not limited to, investments, deposits, money, or credits as those terms are defined in Chapter 5701. of the Ohio Revised Code, and patents, copyrights, trademarks, trade names, investments in real estate investment trusts, investments in regulated investment companies, and appreciation on deferred compensation. "Intangible income" does not include prizes, awards, or other income associated with any lottery winnings, gambling winnings, or other similar games of chance.

  • Fixed Income Securities means Debt Securities created and issued by, inter alia, Central Government, State Government, Local Authorities, Municipal Corporations, PSUs, Public Companies, Private Companies, Bodies Corporate, Unincorporated SPVs and any other entities which may be recognized / permitted which yield a fixed or variable rate by way of interest, premium, discount or a combination of any of them.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.48%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.