passive income

passive income (countable and uncountable, plural passive incomes)

1. (finance) An income that is made using little to no effort, such as pension income, rent, or interest, as opposed to normal employment.
   • 2007 January 25, Penelope Green, “Barons Before Bedtime”, in New York Times, retrieved 27 August 2015:

     Players win when they get out of the rat race (salaried jobs) by amassing passive income (investments in real estate or the stock market).

   • 2011 April 7, Matthew Caminiti, Paul Hughes, “Taxes 101: A Comparative Perspective”, in Businessweek, retrieved 27 August 2015:

     Passive income, or profits earned from so-called intangible sources such as interest, is taxed in the U.S. as it is earned.

   • 2015 July 30, Dale Anderson, Jeremy Solis, “Expert insights: is the UK a property safe haven?”, in Telegraph, UK, retrieved 27 August 2015:

     Investing in a fully managed asset will provide a passive income and will ensure that you are not stuck with finding tenants, repairs and maintenance costs.

• “passive income”, in OneLook Dictionary Search.