NON-OPERATING INCOME
\nˈɒnˈɒpəɹˌe͡ɪtɪŋ ˈɪnkʌm], \nˈɒnˈɒpəɹˌeɪtɪŋ ˈɪnkʌm], \n_ˈɒ_n_ˈɒ_p_ə_ɹ_ˌeɪ_t_ɪ_ŋ ˈɪ_n_k_ʌ_m]\
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Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence such as the sale of a company's department is a good example of non-operating income.
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].