Unearned Revenue (Noun)
Meaning 1
Personal income that you did not earn (e.g., dividends or interest or rent income).
Classification
Nouns denoting possession and transfer of possession.
Examples
- The investor's unearned revenue from the rental properties was substantial, but she still had to pay taxes on it.
- His unearned revenue from the stock dividends was a welcome surprise, but he knew it wouldn't last forever.
- The trust fund provided her with a steady stream of unearned revenue, allowing her to pursue her passion for art.
- The interest on his savings account was a small but steady source of unearned revenue that added up over time.
- After inheriting a large sum of money, he found himself with a significant amount of unearned revenue that he didn't know how to manage.
Synonyms
Hypernyms
Meaning 2
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet).
Classification
Nouns denoting possession and transfer of possession.