nonoperating income(redirected from Nonoperating Incomes)
Income that a company derives from any source other than its operations. For example, if a company sells one of its factories or receives income from interest payments, these constitute nonoperating income. Most (though not all) nonoperating income is non-repetitive, and, as such, is excluded from many measures of profit. See also: Operating income.
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Income derived from a source other than a firm's regular activities. For example, a firm may record as nonoperating income the profit gained from the sale of an asset other than inventory.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.