10.03.2015

REVENUE

Word of the day : REVENUE

DEFINITION of 'Revenue'

The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.

Revenue is also known as "REVs."

There is a simple video here: Revenue Video

Font: http://www.investopedia.com/terms/r/revenue.asp?utm_source=term-of-the-day&utm_medium=email&utm_campaign=TOD-10/3/2015

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