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 ?
3 percent) in terms of the share of current expenditures spent on instruction (table 4).
Despite tall claims current expenditure has remained unchecked and is on the rise.
The overall expenditure during FY14 has been estimated at Rs 3,985 billion, out of###The share of current expenditure in total budgetary outlay for FY14 is 80.
01bn -- a figure that includes current expenditure and investment in track, signalling, stations, locomotives and other vehicles.
3 billion, out of which the current expenditure billion, which shows an increase of 12.
Current expenditure for fiscal year 2008-09 was revised upward from Rs1493 billion to Rs1649 billion.
6) The overall expenditure during FY15 are estimated atRs 4,302 billion, out of which the current expenditure isRs 3,463 billion and development expenditure is Rs 839 7) The share of current expenditure in total budgetary billion.
6) The overall expenditure during FY15 are estimated at Rs 4,302 billion, out of which the current expenditure is Rs 3,463 billion and development expenditure is Rs 839 billion.
Our current expenditure plans for the approximately $17 million in cash on hand following this placement also includes the completion of pre-clinical and IND submission costs for Inosine to treat stroke as well as the initiation of a Phase I trial for this agent.
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###The share of current expenditure in total budgetary outlay for FY14 is 80.
f) The overall expenditure during 2009-10 has been estimated at Rs 2482 billion of which the current expenditure is Rs 1699 billion and development expenditure at Rs 803 billion.
Of the total combined budgeted allocation for education sector, 82 percent is earmarked for current expenditure and 18 percent for development expenditure.