Earned income - Definition

Compensation from participation in a business, including wages, salary, tips, commissions and bonuses. From an Accounting stand point it is income that is recognised within the fiscal period and does not classify as unearned or deferred income.



Terms near "Earned income"

Earned income tax credit
Earned premium
Earned surplus
Earner
Earnest money
Earning asset
Earning capacity
Earning potential
Earnings
Earnings adequacy ratio
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