Difference between revisions of "Residual Income"
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| − | '''Residual Income''' is the [[economic]] concept where [[income]] is coming in without any direct involvement necessary to make it occur beyond the effort to initially set up the income source. | + | '''Residual Income''' is the [[economic]] concept where [[income]] is coming in without any direct involvement necessary to make it occur beyond the effort to initially set up the income source. For example, a person receiving residual income could be out skiing and still be receiving income. |
[[Category: Economics]] | [[Category: Economics]] | ||