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revenue

noun

/ˈrɛvəˌnu/

IPA:

Dictionary definition of revenue

The income or earnings generated by a business or organization through the sale of goods or services.
"The company's revenue increased by 15% this quarter."

Detailed meaning of revenue

It is the total amount of money that a company or government receives from its customers or taxpayers during a specific period. Revenue is an essential element for any organization, as it enables them to cover their costs, invest in their business, and ultimately make a profit. Revenue can come from various sources, such as sales, subscriptions, licensing fees, and advertising. It is typically reported on an organization's income statement or financial statements, which provides an overview of its financial performance. Understanding revenue is crucial for business owners and managers, as it allows them to make informed decisions about their operations and plan for future growth.

Example sentences containing revenue

1. The company's revenue increased significantly after the successful launch of their new product.
2. The government implemented a tax reform to boost revenue and fund public services.
3. The restaurant saw a decline in revenue due to the ongoing pandemic.
4. The online retailer's revenue soared during the holiday season.
5. The music streaming platform generated a substantial amount of revenue from subscriptions.
6. The sports team signed a lucrative sponsorship deal, boosting their revenue.

History and etymology of revenue

The noun 'revenue' has its etymological origins in Latin. It is derived from the Latin word 'revenire,' which is a combination of 're-' (meaning 'back' or 'again') and 'venire' (meaning 'to come'). In the context of finance, 'revenire' originally referred to income or resources that 'come back' or return, often in the form of profits or gains. As Latin evolved into Old French, the term became 'revenue,' retaining its core meaning of income or earnings generated by a business or organization through the sale of goods or services. The etymology of 'revenue' effectively conveys the idea of income that flows back or returns, emphasizing its role as a noun used to describe the financial proceeds and earnings generated by various commercial activities.

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Further usage examples of revenue

1. The hotel's revenue declined following negative customer reviews.
2. The company invested in advertising campaigns to attract new customers and increase revenue.
3. The software company's revenue growth exceeded market expectations.
4. The non-profit organization relied on donations as their primary source of revenue.
5. The airline industry faced a significant drop in revenue due to travel restrictions.
6. The mobile game developer earned substantial revenue from in-app purchases.
7. The fashion brand launched a successful collaboration, resulting in a boost in revenue.
8. The concert tickets sold out within minutes, generating massive revenue for the artists.
9. The e-commerce platform's revenue surpassed that of its competitors.
10. The casino experienced a surge in revenue following the introduction of new games.
11. The movie's box office revenue surpassed expectations, becoming a blockbuster hit.
12. The government implemented measures to reduce tax evasion and increase revenue collection.
13. The tech startup relied on venture capital funding until they could generate revenue.
14. The retail store analyzed customer data to identify trends and increase revenue.