MISCELLANEOUS INCOME Definition

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MISCELLANEOUS INCOME is that income realized that is not directly related to the sale of standard products and services.

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GAIN is: a. the amount by which the revenue of a business exceeds its cost of operating; b. rise in rate or price; c. earn on some commercial or business transaction; d. earn as salary or wages.

ECONOMIC and MONETARY UNION (EMU) is the European Union's economic and monetary convergence among member countries, culminating in the introduction of a single currency, i.e. the Euro.

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