FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RCKOcs51IQGZ9MeUqtONIlc
Label Unearned Income
Preferred Label Passive Earnings
Identifier N/A
Alternative Labels
Investment Income Non-Earned Income Passive Income

Definition

Unearned income refers to money received by an individual from sources other than employment, such as interest, dividends, rental income, or certain government benefits. Unlike earned income, which results from active work, unearned income comes from investments, inheritances, or other passive sources.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available