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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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See Examples For:

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

The Fed accounts for negative income with an accounting measure it calls a deferred asset.

From Reuters ● Oct. 28, 2022

Soon-Shiong reported negative income for six straight years from 2013 through 2018.

From Salon ● Dec. 10, 2021

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 Thomas Colignatus

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