For Ordinary Income we have terms and definitions in 4 topics. The topics are Accounting, Accounting Terms, Finance and Securities.

Ordinary Income (Accounting)

is the income derived from the regular operating activities of a business or individualbut exclusive of capital gains. Net income from a businessalong with personal wagesinterestand dividends are examples of ordinary income.

Ordinary Income (Accounting Terms)

One of two classes of income (the other being CAPITAL GAINS) taxed under the INTERNAL REVENUE CODE. Historically, ordinary income is taxed at a higher rate than capital gains.

Ordinary Income (Finance)

The income derived from the regular operating activities of a firm or individual.

Ordinary Income (Securities)

For tax purposes, income from wages, salaries, and self-employment, demagogically called " earned income."

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