A-Z Popular Blog Finance Search »
Financial Controls

Financial Industry

Financial Management

Financial Sector

Financial Services

Segregation Of Duties

Behavioral Finance



42 Examples of Income

 , updated on
Income is money, or some equivalent, that is received in a period of time such as a year or month. This can be contrasted with wealth that represents the storage of resources that can be used as money in future. The following are common types of income.
Annuity payments
Business income
Capital gains
Child support
Consulting fees
Cryptocurrency gains
Dividend income
Estate income
Farm income
Fellowship income
Foreign exchange gains
Foreign income
Franchise income
Freelance income
Gambling winnings
Interest income
Lawsuit settlements
Licensing income
Life insurance cash value withdrawals
Partnership income
Patent income
Pension income
Prizes & awards
Rental income
Residual income
Retirement account withdrawals
Royalty trust income
Scholarships and grants
Self-employment income
Severance pay
Social security benefits
Stock options income
Trust income
Unemployment compensation
Workers compensation


A salary or wage that is paid in return for work.

Business Profits

The net income of a business that creates and captures value.

Tangible Assets

A tangible asset is a physical thing that has potential to generate income such as an apartment that can be rented.

Intangible Assets

An intangible asset is a non-physical thing that has potential to generate income such as a copyright on a song that generates royalties.

Capital Gains

An investment that goes up in value and is then sold resulting in a profit. For example, a stock that is sold at a higher price than its purchase price.


Dividends paid by a company that you own or partially own. This represents a share of profits generated by value creation.


Loaning money to a government, bank, business or other entity in return for interest payments.


Payments made to the owners of intellectual property such as the copyright on music.


Residuals are ongoing payments made to creative professionals such as actors, writers and directors for the reuse or rebroadcast of their work. These can continue for a long period of many decades after the work is originally published.

Rent Seeking

Rent seeking is the practice of seeking more income without creating more value or taking any risk. For example, an industry that lobbies government to be paid a subsidy.


Risk taking that doesn't create value but seeks income by trying to predict price changes. For example, buying the stock of a company because you think the price will increase as opposed to thinking the company will actually generate a profit.

Active Income

Income that results from direct value creation such as your labor or a business that you control. Assets that you directly control such as a rental property are also active income.

Passive Income

Income that results from processes that require no participation. For example, the interest income or dividends from a stock purchase. Passive income requires capital.

Unearned Income

Income that doesn't create value but is the result of social programs or obligations such as pensions, old age payments, unemployment benefits, alimony and child support. In some cases, unearned income isn't taxed.


The following are common types of income.


Income can be one-time or recurring and includes anything you receive in a period of time that has cash-value.


In some cases, governments consider passive income such as interest and dividends as unearned.
Overview: Income
Money, or some equivalent, that is received in a period of time such as a year or month.
Related Concepts
Next: Wealth
More about finance:
Dumb Money
Financial Capital
Financial Industry
Financial Literacy
Financial Services
Growth Rate
Monetary Policy
More ...
If you enjoyed this page, please consider bookmarking Simplicable.

Income Distribution

A list of countries by income distribution.


A guide to finance.


The basic characteristics of gold including its properties, financial and cultural significance.

Economic Benefit

The common types of economic benefit.

Fiscal Management

The definition of fiscal management with examples.

Capital Intensive

The definition of capital intensive with examples.

Capital Examples

The basic types of capital with examples of each.

Monetary Policy

A complete overview of monetary policy with a helpful cheatsheet.

Growth Rate

The growth rate formula with example calculations.

Origin Of Money

The origins of money explained.


A few articles about investing.

Long Squeeze

The common types of long squeeze.

Short Squeeze

The definition of short squeeze with examples.

Business Cycle

The phases and causes of the business cycle.


The definition of microeconomics with examples.


The definition of freeriding with examples.

Precious Metals

An overview of what makes a metal precious including rarity related data.


The common types of CEO.

Smart Money

The definition of smart money with examples.

Dumb Money

The definition of dumb money with examples.
The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map