DEPRECATED Passive Income, favoring Unearned Income

Identification

IRI:

https://folio.openlegalstandard.org/RDphmWpcqgHRbQbOJeGJinN

Label DEPRECATED Passive Income, favoring Unearned Income

Preferred Label N/A

Identifier N/A

Alternative Labels

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Definition

Passive Income refers to earnings derived from activities in which the individual is not actively involved. This includes income from investments, rental properties, dividends, interest, royalties, and other sources that do not require continuous effort or direct labor to maintain.

Class Relationships

Sub Class Of

• DEPRECATED NODES

Is Defined By

N/A

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Additional Information

Metadata

Comment

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Description

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Notes

• None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available