|
|
|
 |
Loan and Mortgage Terms Glossary |
 |
|
 |
Unearned Income:
(1) income that has been collected in advance of the performance of a contract. (2) income that is derived from investments, such as dividends, property rentals, and other sources not involving the individual's direct personal efforts.
|
|
|
|
|
|
|
| |
