Saturday, October 3, 2015

Term of the Day: Revenue

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October 3, 2015
Revenue

The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.

Revenue is also known as "REVs."

Breaking It Down:

Revenue is the amount of money that is brought into a company by its business activities. Revenue is also known as sales...

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Related Definitions

Accrued Revenue
Gross Income
Operating Revenue
Marginal Revenue - MR
Income Statement

Past Terms of the Day

Normal Profit
Operating Cost
Cost Of Funds
Cost Accounting
Capitalized Cost
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