revenue

  

Definition

The income generated from sale of goods or services, or any other use of capital or assets, associated with the main operations of an organization before any costs or expenses are deducted. Revenue is shown usually as the top item in an income (profit and loss) statement from which all charges, costs, and expenses are subtracted to arrive at net income. Also called sales, or (in the UK) turnover.

Use revenue in a sentence

  • The impressive revenue figures shown on our profit and loss statement were reduced significantly after our monthly business expenses were deducted.

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  • The company last year made a substantial amount of revenue, consequence of increased sales, putting it at the top of the 'Most Successful' list of businesses.

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  • The accounting department worked tirelessly to generate revenue reports, that would greatly affect the next months spending budget and profit reports.

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