Income from an active business as opposed to passive investment income according to the U.S. tax code.
Similar Matches
Active
Active A market in which there is frequent trading.
Active account
Active account Refers to a brokerage account in which many transactions occur. Brokerage firms may levy a fee if an account generates an inadequate level of activity.
Active bond crowd
Active bond crowd Refers to members of the bond department of the NYSE who trade the most bonds. Antithesis of cabinet crowd.