passive income
nounUK /ˈpæs.ɪv ˈɪn.kʌm/
US /ˈpæs.ɪv ˈɪn.kʌm/
Money you keep getting even when you are not working.
Renting out a house can give you passive income every month.
OTHER MEANINGS
2. Money earned from investments such as stocks or bonds without active daily work.
Her passive income from dividends paid for her holiday.
3. Ongoing earnings from creative work, like royalties from a book or song.
The author enjoys passive income from book sales years later.
4. Income from a business that runs itself without the owner's constant effort.
His online course became a source of passive income.