单词 | residual income |
释义 | residual income residual income noun
(Accounting ) [U,C]
1 the part of your income that remains after costs such as tax have been taken off: Food is the major item to be paid for out of a family's residual income.
2 (also residual [C, usually pl.]) (both especially AmE) money that sb such as a salesperson continues to receive as a result of sth they have done, a customer they have gained, etc. without making any further effort: A high reorder rate will increase your residual income. |
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