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TeachMeFinance.com - explain Nonmoney income Nonmoney income The term 'Nonmoney income ' as it applies to the area of agriculture can be defined as ' A statistical allowance used in farm income compilations to credit farmers with income for the value of farm products used on the farm (instead of being sold for cash) and the rental value of farm dwellings. It assumes farmers otherwise live rent-free on their farm business premises'. Previous 5 Terms: nonindustrial private forestland (NIPF) Noninsured Assistance Program (NAP) nonliving Nonmethane volatile organic compounds (NMVOC) Non-Methane Volatile Organic Compounds (NMVOCs) Next 5 Terms: Nonoperating interest Nonparticipating Physician nonpathogenic Nonpoint source non-point source (NPS) pollution About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.