residual income Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

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


a line of people who are all walking or travelling in the same direction, especially in a formal way as part of a religious ceremony or public celebration

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More