revenueˈrɛv ənˌyu, -əˌnu
revenue (n)
- plural
- revenues
revenue
English Definitions:
gross, revenue, receipts (noun)
the entire amount of income before any deductions are made
tax income, taxation, tax revenue, revenue (noun)
government income due to taxation
revenue (Noun)
The income returned by an investment
revenue (Noun)
The total income received from a given source
revenue (Noun)
All income generated for some political entity's treasury by taxation and other means
revenue (Noun)
The total sales; turnover.
revenue (Noun)
The net revenue, net sales.
Revenue
In business, revenue or turnover is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover. Some companies receive revenue from interest, royalties, or other fees. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $42 million." Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income. For non-profit organizations, annual revenue may be referred to as gross receipts. This revenue includes donations from individuals and corporations, support from government agencies, income from activities related to the organization's mission, and income from fundraising activities, membership dues, and financial investments such as stock shares in companies. In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers.
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"revenue." Kamus.net. STANDS4 LLC, 2024. Web. 15 Oct. 2024. <https://www.kamus.net/english/revenue>.
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