Financial Terms Glossary

Revenue

Formal

A generic term used extensively. It is most commonly used to refer to the income of a business. It is different from an order, in that an order is a commitment to products and services - revenue is the income from the fulfilment of an order.

Informal

In the UK, 'the Revenue' is a slang term for the tax authorities! However, it is more appropriately used to describe the sales income of a business arising from the completion of an order.

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