unearned income
- noun
- /ʌnˈɜrnɪd ˈɪnkʌm/
- Specialized
- Why is no one talking about the new 3.8% tax on unearned income, which goes into effect January 1, 2013, to pay for the 2010 Affordable Care Act?
- tax on unearned income
- unearned income includes interest
But this rent because it's not productive and it's unearned income.
- But this rent because it's not productive and it's unearned income.
Examples
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His unearned income last year was more.
Blog text (14) -
"I don't believe that our royalties are unearned income!"
Blog text (5) -
If you raised taxes to 36% for unearned income, then these folks would be facing a 20 percentage point rise in taxes, figure a $200-$250k increase on average.
Blog text (20) -
For someone like Romney, who has mostly unearned income as dividends and capital gains, the tax increase would be 33% for capital gains and 260% for dividends.
Blog text (20) -
Between the uber-rich hardly paying taxes on their unearned income and the government not weeding out abusers of entitlements, these candidates have nothing to offer us except the bill to pay for it all.
Blog text (21) -
Many retirees rely on unearned income from sources like pensions and investments to support their lifestyle.
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Investing wisely can help you generate additional unearned income, such as through rental properties or stock dividends.
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Understanding how to manage unearned income is essential for effective financial planning, including tax implications.
Synonyms
Money a person gets without working, for example from stocks or rent
How Earned
Surface Forms
Morphology
The phrase is compositionally built from 'unearned' (not earned/deserved) + 'income' (money received), so a B1 learner who knows both words can infer it refers to income that has not been earned. While accounting usage adds a technical nuance (prepaid receipts reported as a liability), the core meaning 'income that is not yet earned' is directly derivable from the constituents.
Etymology
Unearned income comes from a simple image: unearned (not from work) and income (money you get), as with rent, interest, or dividends. That's why it means 'money you get without doing a job'.