Name the income earned from loan? Name the income earned from formal employment?

The income earned from a loan is called interest income. The income earned from formal employment is called salary or wages.

Income Earned from Loan:

- Interest

Income Earned from Formal Employment:

- Salary
- Wages
- Commissions
- Bonuses
- Overtime pay
- Paid time off (PTO)
- Severance pay
- Retiree benefits (e.g., pensions, annuities)

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