📚 noun • entry_id 58842
passive income
Meanings (ES + gloss)
ingreso pasivo
An income that is made using little to no effort, such as pension income, rent, or interest, as opposed to normal employment.
Passive income, or profits earned from so-called intangible sources such as interest, is taxed in the U.S. as it is earned.
Players win when they get out of the rat race (salaried jobs) by amassing passive income (investments in real estate or the stock market).
Phrases
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