Definition, Meaning & Synonyms
other-income
Noun
/ˈʌðər ˈɪnkʌm/
Definition
Other income refers to income generated from sources that are not part of a regular or primary business or investment activity.
Examples
- The company’s other income increased significantly due to asset sales.
- Many investors look for ways to enhance their other income through strategic investments.
- For tax purposes, it’s important to separate other income from regular business income.
Meaning
It includes various types of earnings that do not come from core operations, such as interest income, dividends, or gains from asset sales.
Synonyms
- Supplemental income
- Ancillary income
- Additional earnings
