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Ordinary income
Ordinary incomeThe income derived from the regular operating activities of a firm or individual. RELATED TERMS-------------------------------------- Income Money received by an individual as a salary, or from investments. Cash deposits and bonds will provide income in the form of interest. Shares will, in most but not all cases, provide income in the form of twice-yearly dividends. Firm 1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company. SIMILAR TERMS-------------------------------------- Ordinary and necessary expenses A tax provision for business expenses, it states that necessary business expenses are fully deductible as current expenses. Ordinary annuity A series of fixed payments made at the end of each period over a fixed amount of time. Ordinary interest Interest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference. Ordinary shares (GB) or common stock (US) Fixed units of a company's share capital that usually pay a dividend and have voting rights. Ordinary trade A term used by the London Stock Exchange to denote that a transaction does not have any other special trade designation. PREVIOUS AND NEXT TERMS-------------------------------------- Ordering costs Costs that occur when an order is placed regardless of the size of the order. Ordering rules The order in which Roth IRA assets are distributed. Orderly market Any market in which the supply and demand are reasonably equal. Ordinary and necessary expenses A tax provision for business expenses, it states that necessary business expenses are fully deductible as current expenses. Ordinary annuity A series of fixed payments made at the end of each period over a fixed amount of time. Ordinary income Ordinary interest Interest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference. Ordinary shares (GB) or common stock (US) Fixed units of a company's share capital that usually pay a dividend and have voting rights. Ordinary trade A term used by the London Stock Exchange to denote that a transaction does not have any other special trade designation. Organic Act of the Department of Labor An act of law reluctantly signed by former U.S. president William Howard Taft in 1913 that created the Department of Labor and the Department of Commerce, dividing the former Department of Commerce and Labor. Organic growth Refers to growth achieved by internal investments of the firm. This could be the day to day business of the firm or a division of the firm starting a new business from scratch. We thank you for using the Financial Dictionary to search for Ordinary income. If you have a better definition for Ordinary income than the one presented here, please let us know by making use of the suggest a term option. This definition of Ordinary income may be disputed by other professionals. Our attempt is to provide easy definitions on Ordinary income and any other medical topic for the public at large.
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