sales(redirected from Sâles)
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The revenue that a company derives from the sale of its products. This is distinguished from sources of revenue like interest income, investments, and others. A company records its sales on a balance sheet. Obviously, high sales are usually thought desirable, particularly when expenses are high.
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The revenue from the sale of goods and services. Sales exclude other types of revenue such as dividends, interest, and rent.
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.