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Originally Posted by John P  The definition of passive income is simply income that you receive independent of the time that you spend working on the system. |
Well then, we just have different definitions then. In my industry (the banking & financial services industry), we do not generally use your definition of what passive income is.
According to your definition, I must be having a lot of passive income then. All my colleagues and I get paid a constant monthly salary, even though sometimes we work overtime and sometimes we leave at 5:30 pm sharp. The income we earn is independent of the time we spend working on the system.