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Meaning of UNEARNED INCOME
Pronunciation:
un'urnd 'inkum
WordNet Dictionary
Definition:
[n] (
accounting
)
income
received
but
not
yet
earned
(
usually
considered
a
current
liability
on
a
company
'
s
balance
sheet
)
[n] (
taxes
)
personal
income
that
you
did
not
earn
(
e
.
g
.,
dividends
or
interest
or
rent
income
)
Websites:
Synonyms:
unearned revenue
See Also:
income
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