Definition of Passive Income
What is "passive income"? What is the definition of the term "passive income"? What does the term "passive income" mean?
According to Wikipedia.org, passive income is:
"..an income received on a regular basis, with little effort required to maintain it."
Source: Wikipedia - Passive Income
Here are some examples of "passive income":

2. You decide to start an investment web site that will hold your weekly thoughts on the stock market. You put up a few ads on the site, and the site starts to generate revenue. This would be "passive income".
3. You create a software program that will be used in dental offices. In exchange for using your software, the offices will pay you a monthly licensing fee. This is "passive income".
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