Unearned income (revenue)

Income received in advance of the time at which it is earned, such as prepaid rent.

Revenue

The amount of money a company earns through the sale of goods or services, rents, and other sources. Revenue is the amount the company makes; it should not be confused with profit, which is revenue less expenses. Likewise, it should not be confused with cash flow, as revenue can be money owed but not yet paid.

revenue

The inflow of assets that results from sales of goods and services and earnings from dividends, interest, and rent. Revenue is often received in the form of cash but also may be in the form of receivables to be turned into cash at a later date.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Revenue.

Revenue is the money you collect for providing a product or service.

Revenue is different from earnings, which is what's left of your revenue after subtracting the costs of producing or delivering the product or service and any taxes you paid on the amount you took in.

When corporations release their financial statements, those that provide services, such as power or telecommunications companies, describe their income as revenues, while those that manufacture products, such as lightbulbs or books, describe their income as sales.

The money a government collects in taxes is also called revenue. The US body that collects those taxes is called the Internal Revenue Service (IRS). In the United Kingdom, it's Inland Revenue.

revenue

the money received by a firm from the sale of its output of GOODS or SERVICES (SALES REVENUE).
money received by the government from TAXATION.

revenue

the money received by a firm from selling its output of GOODS or SERVICES (SALES REVENUE) or money received by government from TAXATION. See AVERAGE REVENUE, MARGINAL REVENUE, TOTAL REVENUE.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

revenue

The total rent, sales, or earnings of a company. When negotiating for the purchase of income-producing property, be sure to inquire about the seller's definition of revenue rather than make the assumption that the seller is using the correct terminology to describe figures supplied to you. Contrast with income.

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References in periodicals archive

Alaska Employees: 800 Worldwide Employees: 3,000 Shareholders: 25,600 Land Holdings: 6,500,000 acres 2017 Gross Revenue: $480,200,000 2016 Gross Revenue: $492,200,000 Revenue Sources: Government services, facilities services, energy services, investments, land and resource development.

ALASKA NATIVE SPECIAL SECTION / 2018 REGIONAL CORPORATION DIRECTORY

Borgata Hotel Casino & Spa is one of the largest properties in Atlantic City and for 2011 promotional allowances were 24.8% of gross revenue while a much smaller property like Resorts Casino Hotel gave 34.2% of gross revenue away as promotional allowances (New Jersey Department of Law and Public Safety, Division of Gaming Enforcement, 2012).

The finance and marketing dilemma: do promotional allowances actually increase revenue and profits for Atlantic City casinos?

The company posted an increase in gross revenue of 297 percent in the last quarter, up to USD5.4m.

Acro Energy reports increase in gross revenue in Q2

* Of the 0.7 percent of gross revenue invested in IT, approximately 19 percent is spent on discretionary projects intended to improve revenue, while nearly 20 percent is spent on consultants and 12.6 percent is spent on outsourcing.

IT budgets growing as apartment firms embrace technology

Both operating profit and gross revenue for the 12-month period increased, respectively from USD114m and USD943m, as compared to 2004.

Odfjell ASA reports operating profit of USD170m for 2005

To begin with, small businesses with gross revenue under $1 million would simply report tax income as cash-in minus cash-out, with all spending--except spending for land and buildings--written off immediately.

Tax reform proposal finds a host of critics

ISA reports that for the first two quarters of 2005, The Home Depot contract accounted for 3.4 percent of ISA's net income, 59 percent of ISA's total gross revenue and 79 percent of the total gross revenue of the Computerized Waste Systems segment.

Home Depot allows contract with ISA to expire

Audits will be required for those entities with $2 million or more in gross revenue for fiscal years ending June 30, 2005 and thereafter.

Guidance on SB 1262

CEOs in companies with annual gross revenue of $5 million or less, for example, earn a median total compensation of $170,200.

Pay hikes and hiring as commercial market gathers steam

"It has resulted in more than $5.5 million in non-tax revenue to the City of Greater Sudbury through its share of the five per-cent gross revenue from the slot machines.

Slots boost monthly tourist visits by 56,000. (Special Report: Sudbury)

AS YOU ANXIOUSLY AWAIT BUILDER'S annual ranking of the top 100 home builders, published each May, we offer you this sneak peek at the top 10 public home builders (by gross revenue).

Public Report Card