Revenue Definition With Reference
Revenue ˈrɛvɪˌnjuː n the income accruing from taxation to a government during a specified period of time usually a year a government department responsible for the collection of government revenue.
Revenue definition with reference. Revenue is the value of all sales of goods and services recognized by a company in a period. Revenue definition the income of a government from taxation excise duties customs or other sources appropriated to the payment of the public expenses. There are many different types of revenues including product sales consulting fees and other services rent and even. 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.
Revenue is also known as sales as in the price to sales ratio an alternative to the price to earnings ratio that uses revenue in the denominator. ˈrev ə nuː also revenues c1 the income that a government or company receives regularly. The income that a government or company receives regularly. Revenue gain income interest proceeds profits receipts returns rewards takings yield antonyms expenditure expenses outgoings.
Revenue also called a sale is an increase in equity related to the sale of a product or service that earned income. Revenue also referred to as sales or income forms the beginning of a company s income statement and is often considered the top line of a business. The total rent sales or earnings of a company. There are different ways to calculate revenue.
The income that a government or.