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negative income

American  

noun

  1. invested income that has produced a loss and hence may yield a tax deduction.


Example Sentences

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The central bank captures the net negative income situation in an accounting measure called a deferred asset, which as of Nov. 22 stood at $120.4 billion.

From Reuters Nov. 27, 2023

But before that, he reported zero or negative income, claiming tens, and sometimes hundreds, of millions of dollars in losses from his businesses.

From Washington Post Jan. 3, 2023

He had a "negative income" for four out of the six years that were released to the public.

From Salon Dec. 22, 2022

In more modern times, Milton Friedman, darling of laissez-faire economics, embraced the idea of negative income taxes that put cash in the hands of the poorest people.

From New York Times May 30, 2018

The negative income tax or basic benefit is often presented as a solution to the current unemployment problem.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas

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