Difference between revisions of "Residual Income"

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'''Residual Income''' is the [[economic]] concept where [[income]] is coming in without any direct involvement necessary to make it occur beyond the effort to initially set up the income source.  So a person receiving residual income could be out skiing and still be receiving income.
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[[Category: Economics]]

Revision as of 01:10, April 18, 2008

Residual Income is the economic concept where income is coming in without any direct involvement necessary to make it occur beyond the effort to initially set up the income source. So a person receiving residual income could be out skiing and still be receiving income.