A lawyer without books would be like a workman without tools.

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Legal Definitions - active income

LSDefine

Law school: Where you spend three years learning to think like a lawyer, then a lifetime trying to think like a human again.

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Definition of active income

Active income refers to the money or payment that a person receives from their employment, business, investments, royalties, gifts, and other sources that require active participation. This type of income is earned through one's own labor or services.

These examples illustrate active income because they are earned through active participation and labor.

It is better to risk saving a guilty man than to condemn an innocent one.

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Simple Definition

Active income is money that someone earns from working or running a business. It can also come from investments, gifts, or royalties. This is different from passive income, which is money earned without actively working or participating in an activity. Gross income is the total amount earned before taxes and deductions, while net income is the amount earned after taxes and deductions. Taxable income is the amount of income that is subject to taxes.

The life of the law has not been logic; it has been experience.

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The end of law is not to abolish or restrain, but to preserve and enlarge freedom.

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