financial services income
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 904 — in this section (3 versions over time)
Except as otherwise provided in this subparagraph, the term “financial services income” means any income which is received or accrued by any person predominantly engaged in the active conduct of a banking, insurance, financing, or similar business, and which is—
(I) described in clause (ii), or
(II) passive income (determined without regard to subparagraph (B)(iii)(II)).