Definitions for "PORTFOLIO INCOME"
Income generally derived from paper assets such as stocks, bonds, mutual funds, etc. Portfolio income is by far the most popular form of investment income, simply because assets are so much easier to manage and maintain than any others.
Dividends, interest, annuities and royalties not earned in the conduct of a trade or business, together with gains from the disposition of property that produces this type of income or from property otherwise held for investment.
Income from such sources as dividends, interest, capital gains, and royalties. See also Active Income and Passive Income.