FT MarketWatch

Phantom income

Reportable or Taxable income which does not generate Cash flow. One example is Taxable income from zero Coupon bonds.

Related Terms: 7 Cash, Coupon, Coupon bond, Inc., Low, Tax, Taxable income
Other Related Pages: Category: Taxes Starting With: P
Additional Related Terms: 52-week low, Adjustable rate, Accrual bond, Accumulation bond, After-tax basis, Agency bond, American Municipal Bond Assurance Corporation, Assumed bond, At par, Authority bond