Income you have to claim on your tax return which is taxable but you actually never received cash for.
Congratulations on your new company car but if you use it for personal purposes, you have to worry about phantom income.
by giantfan1 October 11, 2012
Get the Phantom incomemug. by SyntheticDreams September 12, 2022
Get the Phantom Blunt Syndromemug. Someone who seems like they never grow up, coined in Nigeria in tribute to a basketballer who stayed 25 for three years in a row
Mr x: hey you know him too?
Mr y: yes, he was my mentor growing up...he graduated from the university of Jos in 1992
Mr x: WHAT!! He told me he is 22
Mr Y: damn, he is one of those phantom figures who never seem to grow old...
Mr y: yes, he was my mentor growing up...he graduated from the university of Jos in 1992
Mr x: WHAT!! He told me he is 22
Mr Y: damn, he is one of those phantom figures who never seem to grow old...
by Urbanboy92 August 1, 2011
Get the Phantom figuremug. a magic elf that lives in store bought condoms that uncomfortably manoeuvres your dick in a painful direction during sex
James: I was having sex with Christopher up the ass and I then I got surprised by the dick phantom
Sarah: oh that's terrible is your dick ok?
Sarah: oh that's terrible is your dick ok?
by dickhandlerdickthe boiiiiiiiii October 31, 2017
Get the the dick phantommug. by myhumanrevolution June 2, 2015
Get the Phantom Vibratemug. Statements, beliefs, logical entailments, or intentions falsely attributed to someone—especially during debates or arguments—that were never actually expressed. Phantom information is almost always unintentional, stemming from the person's ignorance and inability to fully comprehend an argument or a stance.
Debater A: “You like cats better than dogs, therefore it would logically follow that you hate dogs!"
Debater B: “I never said that. You've hallucinated phantom information.”
Debater B: “I never said that. You've hallucinated phantom information.”
by Ameizo August 28, 2025
Get the Phantom Informationmug. One who opens a website, then decides to close it. But then change their mind and re-open it a year later.
Also one who enjoys partying with fat black chicks.
Also one who enjoys partying with fat black chicks.
by Budah09 June 5, 2009
Get the Phantommug.