recurring income
nounUK /rɪˈkɜːrɪŋ ˈɪnkʌm/
US /rɪˈkɜːrɪŋ ˈɪnkʌm/
Money that comes in again and again, like every week or every month.
Her allowance is a recurring income because she gets it every Saturday.
OTHER MEANINGS
2. Money a business receives on a regular schedule from customers or subscriptions.
The app's recurring income grows each month as more people subscribe.
3. In accounting, income recorded in more than one period rather than as a one-time gain.
The company separates recurring income from one-off sales of old equipment.
4. Any steady stream of money that can be counted on for planning a budget.
Rent from the extra room gives the family a recurring income they can budget around.