Passive

1. Investment funds - strategies.

Passive investment funds follow a predetermined formula.

2. Tax.

For tax purposes, passive income is investment income (rather than wages, salary, or business profits).

3.

Any structure involving relatively less judgement or initiative.

See also

• Active
• Agent based modelling
• Fund
• Fund manager
• Hedge fund
• Passive bookrunner
• Passive fund
• Passive income
• Pension fund
• Portfolio
• Smart beta
• Tracker fund