nontrade

/ˈnɒnˌtreɪd/

Definitions

1. noun

a trade or commerce that does not exist or is not officially recognized, especially for tax purposes

“The company reported no nontrade income for the year, due to its limited business activities.”

Synonyms

  • offshore income
  • tax-free income

Antonyms

  • taxable income
  • trade income