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imputed income

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  • Imputed income — is wealth created or acquired internally, or from non cash sources. An example of imputed income is a farmer who builds a table instead of buying one. The market value of the table minus any cost from wood and nails is the farmer’s imputed income …   Wikipedia

  • imputed income — n: income calculated from the supposed value of intangible or non cash sources Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • imputed income — income which is equal to money …   English contemporary dictionary

  • income — in·come n: a gain or recurrent benefit usu. measured in money that derives from capital or labor; also: the amount of such gain received in a period of time an income of $20,000 a year Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • imputed — adjective : being the value in terms of money or hypothetical income receivable from something one has or owns that would yield real income if one wished (as a house one owns and uses but might rent) imputed rent imputed income …   Useful english dictionary

  • income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

  • Imputed costs — Expenses not incurred directly, but actually borne. For example, a person who owns a home debt free has an imputed rent expense equal to the amount of interest that could be earned on the proceeds from the sale of the home if the home were… …   Wikipedia

  • income distribution — There are two types functional and size. The functional distribution of national income shows how the total is made up of income from land, labour, and capital, or the contribution of each factor of production to the national income. In this… …   Dictionary of sociology

  • Imputed rent — is the economic theory of imputation applied to real estate.In owner occupancy, the landlord tenant relationship is short circuited. Consider two people, A and B, each of whom owns property. If A lives in B s property, and B lives in A s, two… …   Wikipedia


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