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imputed income
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imputed income

  income that is assumed to have been paid even though it was not paid in cash
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Strongly Associated with:   imputed interest
For example, the IRS will impute income for high life insurance benefits.

Word Mastery:  By itself, the word "imputed" is generally used to attribute a fault or bad action to someone.
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Associated words [difficulty]:   imputed income , impute [5]
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Most commonly used in these subjects:   Personal Finance, Business
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