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Thread: income/ revenue

  1. #1
    magdalena is offline Member
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    Default income/ revenue

    Can anyone help me with that: what's the difference between income and revenue?

  2. #2
    Anglika is offline No Longer With Us
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    Default Re: income/ revenue

    Income = a gain or recurrent benefit usually measured in money that derives from capital or labour.


    Revenue = the income that a government or company receives regularly.

  3. #3
    vil is offline VIP Member
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    Default Re: income/ revenue

    I’m not a teacher.

    Hi Magdalena,

    income = money of all kinds coming in regularly, esp. to a person, family or organization, such as salary or wages from employment, rent from property, profits from business, and fees for professional services.

    revenue = 1. money received in the form of cash, cheques, etc. during a particular period
    2. yield from property or investment; income.
    3. in public finance, the income receive by the State from taxation (State income)

    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.

    Regards,

    V.

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