Definitions of accumulated income
money earned which has been allowed to increase over time without having been collected by the person or entity that earned the money
An accumulated income payment can also be made if the beneficiary is deceased.
percentage of net income that is collected over time and which is then used for reinvestment purposes or to pay off debts, rather than being used to pay dividends to shareholders
In order to determine the Accumulated Income, the basis shall be the monthly income.