ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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EARNED INCOME Definition
EARNED INCOME is that income realized by the provisioning of goods and services.
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M2 is a measure of the U.S. money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non- institutional money market accounts. M2 is a key economic indicator used to forecast inflation.
MERCHANDISE is commodities offered for sale or to engage in the trade of commodities that are for sale.