The amount of net income an investment center is able to earn above a specified minimum rate of return on assets.
Income that continues to occur over a specified cycle, usually monthly
If you were going to do a one-time job, and you had two choices for getting paid, which of the following would you choose? a) $50 one time. b) $20 per month for the rest of your life. Obviously, "B" is a much, much better deal. This is essence of SFI's Residual Income benefit.
The remaining money after you subtract monthly housing expenses and monthly fixed expenses.
an income you receive, for work you have done in the past
Income that occurs for a prolonged period of time, after the original sale has been made. When applied to affiliate programs, once you succeed in referring a customer who buys, you should earn an ongoing (reduced) commission for every future purchase that customer makes.
The sum of an applicants parental/spouses gross income minus allowable deductions. Used to calculate the applicants parental/spouse or household contribution. ecret Answer A security password issued to students which should be used when contacting their LEA, the SLC, or when accessing the Customer Portal.
Your income minus expenses such as monthly payments, proposed housing expenses and taxes.
Income that continues for years and is long lasting. This type of income has the potential of being obtained by building a team of people to work with.
The excess of controllable operating income over a "minimum" amount of desired controllable operating income.
Income you continue to receive after making the initial sale. For example, let's say you're a reseller for website hosting services. Assuming that your service is good, a percentage of your customers will continue to renew their hosting accounts with you year after year.
Monthly leftover income after deducting housing costs and fixed obligations from the net effective income in qualifying for a VA loan.
The amount of money left from the borrower's gross monthly income after mortgage and debt is subtracted.
A clause used with disability income policies that provides for benefits to be paid when the insured can do some but not all of his/her normal duties. For example, if the insured suffers a disability that causes him or her to lose a third of his or her earning power, the residual disability clause would provide one-third of the benefit that the policy would provide for total disability.
Residual income is determined by subtracting all known obligations from the borrower's gross monthly income to see how much is left to support the family. This amount replaces the Income Ratio on VA loans. back
Override income is the term used in network marketing to describe income received based on the production of those others who have become members of one's organization. As an example, Mary becomes a distributor in the Good Products Company. She uses the products, likes them, and talks to her brother, John, about the company.
