ORDINARY INCOME Definition

Bookmark and Share

ORDINARY INCOME is the income derived from the regular operating activities of a business or individual, but exclusive of capital gains. Net income from a business, along with personal wages, interest, and dividends are examples of ordinary income.

Learn new Accounting Terms

SALES CONTRACT see SALES ORDER.

EMU see Economic and Monetary Union.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.