revenue


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Related to revenue: sales revenue, Total 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 ?
Since 2001, the debate over revenue rulings has shifted due to a Supreme Court case involving a U.
The Ninth Circuit has held that the Mead decision requires lower courts to give Skidmore deference to revenue rulings because they are closely akin to Customs Service tariff rulings, to which the Mead Court applied the Skidmore deference standard; see Omohundro, 300 F3d 1065 (9th Cir.
Also, in the April 2005 issue of Financial Executive, Linda Thomsen, then deputy enforcement director (and now director of enforcement) at the Securities and Exchange Commission (SEC), identified revenue recognition as a "classic" accounting issue that will repeat itself and even morph, depending on the circumstances.
In its October 2002 Report on Financial Statement Restatement, the GAO said that restatements for improper revenue recognition resulted in larger drops in market capitalization than any other type of restatement.
There are several reasons why the PPS Revenue Model produces better results.
TEI commends this summary to Revenue Canada and encourages the Government to adhere to these principles.
Utilization and revenue have a direct relationship in the FFS model.
PROS continues to be recognized as the leader in the Pricing and Revenue Optimization space by the analyst community.
Always a complex and contentious aspect of financial reporting, revenue recognition has become a minefield for corporate accounting professionals.
The result is uncharted territory: complex combinations of service, product, license and subscription contracts ("multi-element" contracts), and the very real requirement to manage revenue generated by multiple sources over differing contract component cycles.
Table 9: Top five ATC classes by revenue in China, the US and 5EU, 2005
Analyze the impact of speech on five different key components of IVR revenue in APAC.