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The American Heritage Dictionary of Business Terms » other income
other income
other income definition - business
other income
- An entry on an income statement that includes income from other than a firm's principal line of business. Dividends, investment interest, and foreign exchange gains are each classified as other income.
- For individuals, less common types of income, including gambling winnings, fees from jury duty, prizes, canceled debts, and executor fees.
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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