Sundry Income

Definition of 'Sundry Income'


Income that is generated from sources other than a company's normal business operations. This would include any income that is not generated by the sale of the company's products and services. Sundry income is likely to be less predictible in nature than revenue from a business' primary operations. Sundry income is a non-material source of income, and would generally be trivial in relation to a company's income from operations. Also called miscellaneous income or other income.

Investopedia explains 'Sundry Income'


Sundry income or miscellaneous income may be shown as a line item on the income statement under "other operating income," and may include income from a number of sources, for example, late fees, profit on the sale of minor assets or foreign exchange gains. Note that interest income may or may not be included in sundry income based on the type of business; if a company has substantial interest income due to large cash balances, interest income may be shown as a line item, separate from sundry income.



comments powered by Disqus
Hot Definitions
  1. Marginal Analysis

    An examination of the additional benefits of an activity compared to the additional costs of that activity. Companies use marginal analysis as a decision-making tool to help them maximize their profits. Individuals unconsciously use marginal analysis to make a host of everyday decisions. Marginal analysis is also widely used in microeconomics when analyzing how a complex system is affected by marginal manipulation of its comprising variables.
  2. Treasury Inflation Protected Securities - TIPS

    A treasury security that is indexed to inflation in order to protect investors from the negative effects of inflation. TIPS are considered an extremely low-risk investment since they are backed by the U.S. government and since their par value rises with inflation, as measured by the Consumer Price Index, while their interest rate remains fixed.
  3. Gilt-Edged Switching

    The selling and repurchasing of certain high-grade stocks or bonds to capture profits. Gilt-edged switching involves gilt-edged security, which can be high-grade stock or bond issued by a financially stable company such as the Blue Chip companies or by certain governments.
  4. Master Limited Partnership - MLP

    A type of limited partnership that is publicly traded. There are two types of partners in this type of partnership: The limited partner is the person or group that provides the capital to the MLP and receives periodic income distributions from the MLP's cash flow, whereas the general partner is the party responsible for managing the MLP's affairs and receives compensation that is linked to the performance of the venture.
  5. Class Action

    An action where an individual represents a group in a court claim. The judgment from the suit is for all the members of the group (class).
  6. Retail Sales

    An aggregated measure of the sales of retail goods over a stated time period, typically based on a data sampling that is extrapolated to model an entire country. In the U.S., the retail sales report is a monthly economic indicator compiled and released by the Census Bureau and the Department of Commerce.
Trading Center