residual income Meaning in the Cambridge English Dictionary

Meaning of “residual income” in the English Dictionary

"residual income" in Business English

See all translations

residual incomenoun [C or U]

income that a ​person, ​company, or ​organization has ​left after they have ​paidtaxes, ​debts, etc.: Pension ​paymentsreduceresidualincome for ​taxpurposes.
(also residuals [plural]) money that a ​writer or musician ​earns in royaltypayments (= ​payments received for each ​book, etc. that is ​sold): Musicians also receive ​residualincome called ​royalties that are ​earned each ​time someone ​buys a CD. He made a lot of ​money in residuals for his album last ​year.
(Definition of residual income from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of residual income?
Add Cambridge dictionaries to your browser to your website

“residual income” in Business English

Word of the Day


peaceful, quiet, and without worry

Word of the Day

Tree huggers and climate change deniers
Tree huggers and climate change deniers
by Colin McIntosh,
October 08, 2015
The climate debate is one that has predictably generated a large amount of new vocabulary, some of it originally specialized scientific terminology that has been taken up by the media and is now common currency. Some of these terms are new additions to the Cambridge English Dictionary. The two opposing sides in

Read More 

climate justice noun
climate justice noun
October 12, 2015
the holding to account of those responsible for climate change and reparation for those most affected by it I just finished reading the pope’s message to the world on climate justice.I feel energized and have joined a group of people at my church, St. Joseph University Parish, who feel the same.

Read More