earnings

earnings
In a pristine sense, the gains of a person from his services or labor, without the aid of capital. 22 Am J2d Damg § 89; 31 Am J2d Exemp § 39. In the modern sense and development of the term, it includes profits from the employment of capital, as illustrated by the earnings of a corporation. 19 Am J2d Corp § 823. The term is equivalent to "income" where used in the limitation of a life estate and a remainder in connection with a provision for the disposition of extraordinary dividends and distributions as between life tenant and remainderman. 33 Am J1st Life Est § 378. See future earnings; net earnings; personal earnings; surplus earnings.

Ballentine's law dictionary. . 1998.

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  • earnings — Income. That which is earned; i.e., money earned from performance of labor, services, sale of goods, etc. Revenue earned by an individual or business. Earnings generally include but are not limited to: salaries and wages, interest and dividends,… …   Black's law dictionary

  • earnings — Income. That which is earned; i.e., money earned from performance of labor, services, sale of goods, etc. Revenue earned by an individual or business. Earnings generally include but are not limited to: salaries and wages, interest and dividends,… …   Black's law dictionary

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