the remaining income (of a business or person) after necessary debts, expenses, etc, have been paid
Examples of 'residual income' in a sentence
residual income
A further 500 annual payment is offered to those from families with a residual income below 37,425.
Times, Sunday Times (2007)
The company specialises in older software that is still in demand and provides strong residual income.
Times, Sunday Times (2017)
This is currently worth up to 2,700 a year to those from the poorest backgrounds (where family residual income is less than 11,600 a year).
Times, Sunday Times (2008)
Thanks to soaring energy bills, nearly 2.3m households have fallen into fuel poverty (when power bills leave people's residual incomes below the official poverty line).