Extended definition net revenue accounts for price reductions, refunds, and direct expenses. All trademarks, registered trademarks, product names and company names or logos mentioned herein are the property of their respective owners. With over 300 terms, our dictionary is designed to help you better understand the terms that you will come across daily while running your business or dealing with your accountant and your bank. 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. By hardik lashkari page 31 of 268 revenue meaning the income generated from sale of goods or services, or any other use of capital or assets. Learn about related definitions, popular business definitions, and how to use business dictionary terms in a sentence access definition offline and onthego create and share flashcards to brush up on your business vocabulary. Over 30,000 business, finance, and investing definitions. We explain definitions of terminology industry lingo from hotel revenue management, ecommerce, marketing and distribution.
Total number of revenue passengers boarding aircraft in scheduled service including origination, stopover or connecting passengers. Business dictionary free businessdictionary is a free easytouse free business glossary with over 30,000 definitions that span across critical business related topics. The term export revenue is used in the definition of export revenue percentage in subsection 273. 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. Every individual who operates a business has the ability to incorporate his or her business. Knowing your net revenue can help you understand what discounts are working in your business. There are several different types of accounting, each of which reports revenue and earnings differently from. However, some financial experts say that this valuation method is not so reliable as it just measures the revenue of a company, which some consider a poor.
Gross total minus any returns and any other negative revenue. Awl noun uncountable also revenues plural 1 bb bf money that a business or organization receives over a period of time, especially from selling goods or services income advertising revenue. The ceo of a company could be referred to as the honcho or head honcho. Many taxpayers want the help of a licensed tax professional to represent them in this type of audit. It has autosuggestion feature which will save you a lot of time getting any meaning. This site is not directly affiliated with mobile systems inc. Profits or net income generally imply total revenue minus total expenses in a given period. The government is always interested in dreaming up new sources of revenue, and.
Net profit is how much is left after all of the companys expenses are subtracted from the revenue. All amounts of money received by a government from external sources, net of refunds and other correcting transactions, other than from the issuance of debt, liquidation of investments, and as agency and private trust transactions. This is a list of abbreviations used in a business of financial context. Understanding tax terms can make tax preparation less stressful.
In this lesson, youll learn what revenue is, what its not, and how it fits into the overall income of a business. D the xotels hotel industry glossary explains the meaning or definition of hotel revenue management and yield terms and marketing terminology. Jul 30, 2014 business analytics software revenue worldwide by segment from 2009 to 2018 in billion u. This comprehensive glossary is here to clarify confusing lingo, demystify buzzwords, and provide citable definitions to help grow your vocabulary. Revenue meaning in the cambridge english dictionary. Revenue definition and meaning collins english dictionary. The company must create new revenue streams and cut operational.
Accounting seeks to assure that every individual or company pays or is paid the correct amount. A glossary of judicial and revenue terms and of useful words. S the xotels hotel industry glossary explains the meaning or definition of hotel revenue management and yield terms and marketing terminology. Notice i didnt say all the expenses that were paid during the period. The marketing industry is full of complex concepts, terminology, and acronyms. Whatever name businesses and individuals refer to it by, revenue proves to be the total amount of cash which a company garners through its aggregate business activities.
The audit will probably take place at your place of business or your tax professionals office. Learn more in the cambridge englishrussian dictionary. Revenue article about revenue by the free dictionary. Profit, also called net income, is the amount of earnings that exceed expenses for the period. Paul sticht, professor of international business at duke university. Ultimate dictionary of marketing terms and definitions.
Revenue definition, the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses. Gain from the sale of collectibles and, generally, the taxable part of your gain from the sale of qualified small business stock held more than 5 years. Business analytics software revenue worldwide by segment 2009. There are many different types of revenues including product sales, consulting fees and other services, rent, and even commission based fees. Revenue definition of revenue by the free dictionary. An irs revenue agent is a person who normally audits more complicated tax returns, like complex individual returns or returns for large corporations. In depth view into spirit airlines explanation, calculation, historical data and more. Sales revenue meaning in the cambridge english dictionary. Revenue passenger enplanements definition by babylons. Oxford dictionary of business free download for windows 10. There are a number of other definitions and synonyms for revenues.
Founded in a basement in 1979, epic develops software to help people get well, help people stay well, and help future generations be healthier. Method of accounting that recognizes revenue when earned, rather than when. Accounting the practice or profession of maintaining financial records, noting expenses or revenue, and determining how much one owes or is owed. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. The income generated from sale of goods or services, or any other use of capital or assets, associated with the main operations of an. Revenue definition is the total income produced by a given source. Source of business is a term used to determine how a guest heard about the hotel in order to further expand marketing and promotion efforts to maximise profitability.
Term definition net revenue is the total amount of the money you made from sales minus your direct expenses. Whether it is administration, commerce or finance, our business dictionary will. A word president obama uses in order to avoid saying taxes. Information and translations of revenue in the most comprehensive. Revenue introduction this chapter explains the concept of revenue as it is used in the government finance statistics.
Spanish translation of revenue the official collins englishspanish dictionary online. Revenue, also called a sale, is an increase in equity related to the sale of a product or service that earned income. Dictionary grammar blog school scrabble thesaurus translator quiz more resources more from collins. For over 20 years, has been helping millions of people improve their use of the english language with its free digital services. Top synonym for revenue another word for revenue is income. Accounting terminology guide over 1,000 accounting and. List of business and finance abbreviations wikipedia.
What is the meaning definition of denial in the hospitality industry. The ultimate marketing dictionary of terms and definitions. Revenue is the money you collect for providing a product or service. Export revenue percentage export revenue percentage of a person for a year means the percentage that the persons export revenue for the year is of.
A glossary of judicial and revenue terms and of useful words occurring in official documents relating to the administration of the government of british india, from the arabic, persian, hindustani, sanskrit, hindi, bengali, uriya, marathi, guzarathi, telugu, karnata, tamil, malayalam and other languages. This includes the concepts of governmental revenue, revenue transactions between governments, and funds of the same government. Companies must keep up with annual revenue as it is a number used for tax purposes. Revenue stream definition and meaning collins english dictionary. Businesses, investors and analysts pay particular attention to a companys revenue, also known as its top line, recorded on the income statement. Use taxact s tax dictionary to help clarify any confusion while filing taxes. Find all the synonyms and alternative words for revenue at, the largest free online thesaurus, antonyms, definitions and translations resource on the web. The income of a government from all sources appropriated for the payment of the public expenses. You can get meaning of any english word very easily. Multiple of revenue, or revenue multiple, is a ratio that is used to measure a companys value based on its net sales or gross revenue. Full form dictionary a to z with categorized based. I have audited the above balance sheet, revenue account and profit and loss. Revenue financial definition of revenue financial dictionary. Revenue is money earned by a business, or income received by the government from taxes.
Revenue is different from earnings, which is whats 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. In other words, revenue is income earned by the company from its business activities. Revenue in tagalog englishtagalog dictionary glosbe. It provides concise definitions of 8,000 terms with 18,000 useful links. It therefore guarantees the airship company a huge amount of business huge revenue, out of which ill be able to repay your loan. Meaning, pronunciation, translations and examples log in dictionary. Revenue is money that a company, organization, or government receives from people. May 09, 2017 multiple of revenue, or revenue multiple, is a ratio that is used to measure a companys value based on its net sales or gross revenue. This chapter also contains the complete definition of revenue categories used in the. With over 300 terms, our dictionary is designed to help you better understand the terms that you will come across daily while running your business. Export revenue percentage export revenue percentage of a person for a year means the percentage that the persons export revenue for the year is of the persons specified total revenue for the year. Own source revenue definition by babylons free dictionary. Gross income reduced by business and other specified expenses of. In other words, its the amount of income left over after all the necessary and matched expenses are subtracted for the period.
From longman dictionary of contemporary english related topics. Sales revenue definition and meaning collins english dictionary. Easytouse free business glossary with over 20,000 terms. The events business is crucial to the group in that it provides a constant revenue stream. Clear explanations of natural written and spoken english. Revenue is essential for nearly every type of business. Over 100,000 spanish translations of english words and phrases. Revenue definition of revenue by medical dictionary. Whatever name businesses and individuals refer to it by, revenue proves to be the total amount of cash which a company garners. If your audit letter is signed by a revenue agent, the audit is likely to be complex and will cover multiple issues. Get the complete definition and find additional resources in the coschedule marketing dictionary. Slang term describing the leader, manager, chief or person in charge of an organization or a project. A glossary of judicial and revenue terms and of useful.
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