Dictionary of Accounting Terms: revenue
revenue
- increase in the assets of an organization or the decrease in liabilities during an accounting period, primarily from the organization's operating activities. This may include sales of products ( sale), rendering of services (revenues), and earnings from interest, dividends, lease income, and royalties.
- in government accounting, the gross receipts and receivables from taxes, customs, etc., without consideration of appropriations and allotments.
Dictionary of Business Terms: revenue
revenue
amount received. It generally denotes a gross figure, such as sales from a business, taxes collected by a government, or an amount received for performing a service.
Dictionary of Real Estate Terms: revenue
revenue
total rent, sales, or earnings of a company;
Example: Gross revenue for an apartment complex included all the rent, late fees, and laundry income. Net revenue provides deductions for returns and allowances.
