renda informada
[ˈʁẽ.dɐ ĩ.foɾ.ˈma.dɐ]
noun phrasefemininepl: rendas informadas
reported income
1. Income that is officially declared or reported to tax authorities and financial institutions
The bank requires proof of reported income to approve the loan application.
O banco exige comprovação de renda informada para aprovar o pedido de empréstimo.
2. The declared earnings used in official financial records and tax documentation
His reported income on the tax return was significantly lower than expected.
Sua renda informada na declaração de imposto foi significativamente menor que o esperado.
3. Official income documentation presented to creditors or government agencies
The mortgage lender verified the reported income with the employer.
O credor hipotecário verificou a renda informada junto ao empregador.
In Brazil, 'renda informada' is a crucial concept in financial transactions. Banks and credit institutions require proof of reported income (comprovante de renda) before approving loans or mortgages. This term distinguishes official, documented income from undeclared or informal income, which is a significant issue in Brazil's economy where a substantial portion of the workforce operates in the informal sector.
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