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The American Heritage Dictionary of Business Terms » active income
active income
active income definition - business
active income
Income derived from performing services. Active income includes tips, wages, salaries, commissions, and returns from active participation in a business. Active income is distinguished from portfolio income and passive income.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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