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 May 04, 2012
Another week without a paycheck, his free-spending days a fond memory, he counted his discrushionary income in the roundest of numbers.
by Monkey's Dad March 16, 2020
Let's see, I make €400 a week after tax. Rent is €100, food is €50, gas is €50, insurance is €150 all told, electricity is €75...crap, negative income! Better cut back on something.
by Rhodoferax July 27, 2010
Wealth & Income Financial Engineer (W.I.F.E.) - The finance department of your average American household. May also be referred to as the finance committee, the accountant, or even hey bitch. Will object to large purchases without prior approval which may result in a change in sleeping arrangements.
So, I am looking at getting a new Samsung smartphone, but it's over $1000! I don't think the Wealth & Income Financial Engineer (W.I.F.E.) will sign off on that.
by Mr_Yuck August 16, 2024
by KlickAndABass December 13, 2016
I’m not sure about how it is used but am doing my best to find out , here I made my own example :
Income of expedite you bargain
Income of expedite you bargain
by Sa6oor July 09, 2018
A false wedding ring worn when the real one is too flashy. The income ring is used to hide how wealthy you are.
by Surf_much_rob May 05, 2019