revenue The income generated from sale of goods or services, or any other use ofcapital or assets, associated with the main operations of an organizationbefore any costs or expenses are deducted. 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 arrive at net income. Also called sales, or (in the UK) turnover. Learn more about this term Usage Example To make sure your company turns a profit, you must ensure that revenueexceeds expenses.

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