Unearned Income

income that does not result from work but from other activities

Unearned income refers to income that is not a wage. It includes interest, dividends or realized capital gains from investments, rent from land or property ownership, and any other income that does not derive from work.Unearned income has often been treated differently for tax purposes than earned income, in order to redistribute income. Such a tax structure is most often seen implemented by a socialist government. For instance, income tax on high unearned incomes reached 98% in the United Kingdom in 1979. Supporters of this say that the people who obtained this income did not work to get it and that it should be used to benefit the general population.
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Noun
1. personal income that you did not earn (e.g., dividends or interest or rent income)
(synonym) unearned revenue
(hypernym) income
(classification) tax, taxation, revenue enhancement
2. (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
(synonym) unearned revenue
(hypernym) income
(classification) accounting

Income received in advance of the time at which it is earned, such as prepaid rent.