revenue
/'revinju:/
Definition
- Noun:
- Government income from taxation and other sources: Money that a government collects from taxes, fees, or other compulsory charges to fund public services and administration.
- The total income of a business or organization before expenses are deducted: The gross amount of money generated from sales of goods or services, before subtracting costs.
Examples of Usage
Government Income:
- The government's primary source of revenue is income tax.
- The new policy aims to increase state revenue without raising taxes.
Business Income:
- The company's quarterly revenue exceeded expectations.
- Advertising is a major source of revenue for many websites.
Advanced Usage
"Revenue stream": A specific source from which revenue is consistently generated.
- The company is developing a new revenue stream through subscription services.
"Revenue neutral": Describing a change (often in tax policy) that does not alter the total amount of revenue collected.
- The tax reform is designed to be revenue neutral.
Variants and Related Words
Revenues (plural noun): Often used to refer to the collective items or amounts constituting a government's income.
- Customs duties are a significant part of the national revenues.
Revenue-generating (adjective): Capable of producing income.
- The new project is a revenue-generating initiative.
Synonyms
- Income: Money received, especially on a regular basis.
- Earnings: Money obtained in return for labor or services, or from investments.
- Proceeds: The total amount of money received from a particular event or activity.
Related Phrases
- Internal Revenue Service (IRS): The U.S. government agency responsible for tax collection.
- Revenue sharing: The distribution of revenue, especially by a government to its subdivisions.
Idioms and Fixed Expressions
- "The bottom line": While not containing the word "revenue," this idiom is related as it refers to net profit or the final total, which is derived from revenue minus expenses.
- For the shareholders, the bottom line is all that matters.
Noun
-
government income due to taxation
-
the entire amount of income before any deductions are made
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