revenue

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Related to gross revenue: net sales, cash flow, Net revenue

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.

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

  1. the money received by a firm from the sale of its output of GOODS or SERVICES (SALES REVENUE).
  2. 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.

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.

References in periodicals archive ?
9 percent of gross revenues at $792 million, a $134 million increase over 2010 gross revenues.
The FCC noted that in the 1984 Cable Act Congress stated that the gross revenues upon which franchise fees are to be calculated include only those revenues an operator "derived.
The Taj Mahal reported the largest gross revenues for the month at $35,574,473.
Despite posting record revenue for the quarter, gross revenue results were hampered by the effects of Hurricane Katrina.
Third quarter gross revenues amounted to $13,354,314, a decrease from $13,812,572 in the year-earlier period.
reasonable estimate of the annual gross revenues and
The combined gross revenues of those companies displaced from the BE INDUSTRIAL/SERVICE 100 was $307.
Third quarter gross revenues amounted to $14,153,743 an increase from $13,354,314 in the year earlier period.
Second quarter gross revenues amounted to $12,605,928, an increase from $12,588,149 in the year earlier period.
26, Sears Merchandise Group reported gross revenues of $2.
According to Richard Michael, President, "With gross revenues for the month of September expected to greatly exceed the revenues of approximately $545,675 recorded for August, we expect the quarter ended September 30th to have record results.
31, 1993, gross revenues decreased $946,000 or 25 percent from the comparable prior year quarter.