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    3. current income»

    Definition of current income

    Dictionary of Finance and Investment Terms: current income
    current income

    money that is received on an ongoing basis from investments in the form of dividends, interest, rents, or other income sources.

    Dictionary of Insurance Terms: current income
    current income

    average earned monthly income of the insured wage earner after regular earned income has been interrupted or terminated because of illness, sickness, or accident. This income amount is important to the calculation of the monthly indemnity benefit and the loss of income amount under the disability income insurance policy.

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