Definition
Revenue is the total amount of money generated by a company from its primary operations like sales of goods or services before any costs or expenses are deducted. It serves as a top-line indicator of a company's performance.
Parts of Speech
Pronunciation
In both dialects, "revenue" is pronounced with the stress on the first syllable, "REV." The pronunciation differs slightly between American and British English in the middle vowel sound, reflecting the typical distinctions in vowel pronunciation between the two dialects.
Etymology
The word "revenue" is derived from the Old French revenue, which is the feminine past participle of revenir meaning 'to return'. It traces back to the Latin root revenire, where re- denotes ‘back’ and venire means ‘to come’.
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Usage
Revenue is a critical term in business and economics, representing the primary source of income for commercial entities. It's crucial for assessing the financial health, growth, and sustainability of a business. Revenue recognition and accounting are significant areas of study and practice within finance and accounting domains.
Related Terms
Detailed Definition