revenue

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Related to current expenditure: capital expenditure

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 ?
percent of the current expenditure.###Out of this, Rs 650 billion has been allocated to provinces.
i) The expenditure on General Public Services in estimated at Rs 2,543 billion which is 73.4% of the current expenditure.
Rs 3,196 billion and development expenditure is Rs 789 The share of current expenditure in total budgetary outlay
The overall expenditure during FY14 has been estimated at Rs 3,985 billion, out of which the current expenditure is Rs 3,196 billion and development expenditure is Rs 789 billion.
g) The overall expenditure during FY13 had been estimated at Rs 3,203 billion of which the current expenditure was Rs2,612 billion and development expenditure was Rs 591 billion.
Current expenditure has###outlay for FY 2013-14 is 80.2% as compared to
In absolute numbers, the current expenditure amounted to a mammoth Rs8.345 trillion compared to Rs7.488tr of the previous year.
The data revealed that the current expenditure included Rs2,091,126 million mark-up payments and Rs1,146,793 million defence expenditure.
This increase was mainly due to MNT 504.3 billion or 12.6% increase in current expenditure and MNT 306.3 billion or 54.5% increase in capital expenditure.
The overall expenditure during FY2020 has been estimated at Rs 8,238.1 billion, out of which the current expenditure is Rs 7,288.1 billion.
Of this, current expenditure is projected at Rs7.28 trillion against Rs4.78 trillion in the outgoing financial year.
The increase in federal government's current expenditure was mainly on account of increase in interest payments, which grew by 24.4 percent to Rs 1,459.2 billion during Jul-Mar, FY2019 compared with Rs 1,172.8 billion during same period last year.