interest, dividends, rents and profits
- As the term appears in stating the subject of a gift or grant by will, deed, or trust instrument:–net income. Re Heaton, 89 Vt 550, 96 A 21.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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profit — Most commonly, the gross proceeds of a business transaction less the costs of the transaction; i.e. net proceeds. Excess of revenues over expenses for a transaction; sometimes used synonymously with net income for the period. Gain realized from… … Black's law dictionary
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Pollock v. Farmers' Loan & Trust Co. — Infobox SCOTUS case Litigants=Pollock v. Farmers Loan Trust Co. ArgueDate=March 7 ndash;8 ArgueDateB=11 ndash;13 ArgueYear=1895 DecideDate=April 8 DecideYear=1895 FullName=Pollock v. Farmers Loan and Trust Company USVol=157 USPage=429 Citation=15 … Wikipedia
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income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income … Black's law dictionary