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 September 26, 2026, from http://smartdefine.org/residual_income/definitions/1162371
ChicagoBarry Goldsmith. 2010. "residual income" http://smartdefine.org/residual_income/definitions/1162371 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, residual income, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/residual_income/definitions/1162371>.
MLABarry Goldsmith. "residual income" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/residual_income/definitions/1162371>