Definition of 'unearned income'

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1. (noun) unearned income, unearned revenue personal income that you did not earn (e.g., dividends or interest or rent income) 2. (noun) unearned income, unearned revenue (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
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"unearned income." Definitions.net. STANDS4 LLC, 2008. 23 November. 2008. http://www.definitions.net/definition/unearned income