Usually means: Earnings without active work involvement.
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We found 15 dictionaries that define the word passive income:

General (4 matching dictionaries)
  1. passive income: Wiktionary
  2. passive income: Dictionary.com
  3. Passive income: Wikipedia, the Free Encyclopedia
  4. Passive income: TheFreeDictionary.com

Business (9 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. MSN Money (No longer online)
  4. Passive Income: Investopedia
  5. Passive income: Securities Terminology
  6. Passive income: Legal dictionary
  7. passive income: Financial dictionary
  8. BusinessDictionary.com (No longer online)
  9. Yahoo Tax Center Glossary (No longer online)

Computing (1 matching dictionary)
  1. Passive income: Encyclopedia

Medicine (1 matching dictionary)
  1. Passive income: Medical dictionary

Definitions from Wiktionary (passive income)

noun:  (finance) An income that is made using little to no effort, such as pension income, rent, or interest, as opposed to normal employment.

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