ordinary income — n: income that does not derive from the exchange or sale of capital assets or property used in one s trade or business and that for individuals includes compensation, interest, dividends, and short term capital gains Merriam Webster’s Dictionary… … Law dictionary
Ordinary income — Part of a series on Taxation Taxation in the United States … Wikipedia
ordinary income — Income from regularly recurring sources, such as earnings from work, interest, and dividends, as distinguished from a bonanza, winnings tin a horse race, the prize won in a contest, or a capital gain realized on a sale of property. Sloane v… … Ballentine's law dictionary
ordinary income — taxable income, as salary and wages, other than capital gains. * * * … Universalium
ordinary income — The income derived from the regular operating activities of a firm or individual. Bloomberg Financial Dictionary … Financial and business terms
ordinary income — taxable income, as salary and wages, other than capital gains … Useful english dictionary
ordinary — or·di·nary adj: of a kind to be expected from the average person or in the normal course of events; broadly: of a common kind or degree an ordinary proceeding compare extraordinary Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
income — in·come n: a gain or recurrent benefit usu. measured in money that derives from capital or labor; also: the amount of such gain received in a period of time an income of $20,000 a year Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… … Wikipedia
ordinary — 1. noun At common law, one who had exempt and immediate jurisdiction in causes ecclesiastical. Also a bishop; and an archbishop is the ordinary of the whole province, to visit and receive appeals from inferior jurisdictions. Also a commissary or… … Black's law dictionary
