accrued income

noun

1. income earned but not yet received nor past due.

Word History and Origins

Origin of accrued income¹

First recorded in 1980–85

Example Sentences

Shareholders are also unhappy about a perceived lack of transparency over the costs of the deal, as well as the tax implications and the agreement that accrued income since the start of the year would go to Blackstone as part of the transaction, the paper reported, citing the investor.

From Reuters

Or, you may have a partner. To ensure financial stability for dependents – formal or informal – name them as beneficiaries of your life insurance policy, Ellington says. Life insurance can also cover substantial expenses such as accrued income taxes, not to mention medical bills.

From US News

In addition, the Trustees shall pay to or for the benefit of such child all or so much of the principal and accrued income of such share as such child may specifically demand in writing from the Trustees so long as such child is not incapacitated at time of demand.

From Forbes

On his 45th birthday Marshall Field III, Manhattan socialite, inherited about $100,000,000 in accrued income from the estate of his Chicago department-store tycoon grandfather.

From Time Magazine Archive