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.  So a person receiving residual income could be out skiing and still be receiving 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.  For example, a person receiving residual income could be out skiing and still be receiving income.
  
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[[Category: Economics]]
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[[Category:Economics]]

Latest revision as of 18:25, July 13, 2016

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.