English

Noun

passive income ‎(plural passive incomes)

1. (finance) Regular monetary income that is not received as direct remuneration for employment, such as pension income, rent, or interest.
   • 2007 Jan. 25, Penelope Green, "Barons Before Bedtime," New York Times (retrieved 27 Aug 2015):

     Players win when they get out of the rat race (salaried jobs) by amassing passive income (investments in real estate or the stock market).

   • 2011 April 7, Matthew Caminiti and Paul Hughes, "Taxes 101: A Comparative Perspective," Businessweek (retrieved 27 Aug 2015):

     Passive income, or profits earned from so-called intangible sources such as interest, is taxed in the U.S. as it is earned.

   • 2015 July 30, Dale Anderson and Jeremy Solis, "Expert insights: is the UK a property safe haven?," Telegraph (UK) (retrieved 27 Aug 2015):

     Investing in a fully managed asset will provide a passive income and will ensure that you are not stuck with finding tenants, repairs and maintenance costs.