What is the meaning of RESIDUAL INCOME?

Income from efforts which continue to generate revenue over time without requiring any additional effort (e. G., a stream of future royalty payments from a book).

Barry Goldsmith
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APABarry Goldsmith. (2010). RESIDUAL INCOME. Retrieved October 2, 2026, from http://smartdefine.org/residual_income/definitions/1162371
ChicagoBarry Goldsmith. 2010. "RESIDUAL INCOME" http://smartdefine.org/residual_income/definitions/1162371 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, RESIDUAL INCOME, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/residual_income/definitions/1162371>.
MLABarry Goldsmith. "RESIDUAL INCOME" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/residual_income/definitions/1162371>