revenue Hear it!

revenue definition - finance
Money that a company takes in from the sale of goods and services. On the balance sheet, revenues increase assets and stockholdersÂ’ equity. The cost of expenses is subtracted from total revenue to calculate net income. The term sales may be used interchangeably on a companyÂ’s net income statement as another word for revenue.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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