Secondary Income
Type: noun
Pronunciation: /sek-un-der-ee-in-kum/
Also spelled or known as: Ancillary Income
Related: Revenue Streams
What does Secondary Income mean? Income earned from sources other than a creator’s or company’s primary revenue stream.
Examples include merchandise, licensing, endorsements, publishing, speaking engagements, and affiliate programs.
Secondary Income synonyms: Ancillary Income, Supplemental Income, Additional Revenue
Example sentence: “Publishing royalties became an important source of secondary income.”
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