Sundry Income

AAA

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.

RELATED TERMS
  1. Income

    Money that an individual or business receives in exchange for ...
  2. Nonrecurring Gain Or Loss

    A one-time or highly infrequent profit or loss. One-time gains ...
  3. Non-Interest Income

    Bank and creditor income derived primarily from fees. Examples ...
  4. Income Statement

    A financial statement that measures a company's financial performance ...
  5. Operating Income

    The amount of profit realized from a business's operations after ...
  6. Non-Operating Income

    The portion of an organization's income that is derived from ...
Related Articles
  1. Material Adverse Effect A Warning Sign ...
    Markets

    Material Adverse Effect A Warning Sign ...

  2. 12 Things You Need To Know About Financial ...
    Investing Basics

    12 Things You Need To Know About Financial ...

  3. Understanding The Income Statement
    Forex Education

    Understanding The Income Statement

  4. Core Earnings Strip Away
    Options & Futures

    Core Earnings Strip Away "Creative" ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center