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 income mug.there is no destination, only the pursuit of it.
by twirledview November 12, 2012
Get the phantom carrot mug.Related Words
"Despite it being being Black Friday, Tom was phantom pooping in the potted plant at the local shopping centre"
by The Korean Sun December 28, 2013
Get the phantom pooping mug.by thisgirlll March 26, 2014
Get the phanomkeo mug.An Asian man who was captured into a pokeball. He's fast! He's talented! But he's a man who lives in a pokeball. This guy!
"DUUUUDE! You're so fast! What's your name man?"
"Phanomkemon."
"Dude that's fucking legit man! Where ya from?"
Owner of the pokemon says, "I found him in a cave dude."
"Oh.... you're still fast duude."
"Phanomkemon."
"Dude that's fucking legit man! Where ya from?"
Owner of the pokemon says, "I found him in a cave dude."
"Oh.... you're still fast duude."
by thisgirlll March 26, 2014
Get the phanomkemon mug.I went to use the restroom only to find a huge chocolate hot dog in the toilet, I think it was the phantom floater.
by Rbomb04 December 19, 2014
Get the phantom floater mug.Fake term used as an excuse when one is caught with questionable photos on one's iPhone (note: often used in situations when the photos discovered are of other family members)
by DragonFire2678 January 18, 2015
Get the phantom upload mug.