EconoTerms R

Revenue
Revenue is often confused with profit. There is a difference. Revenue is the amount of money you take in from a transaction. Profit is the amount of money you take in, minus the cost. If you make a product that costs $5, your revenue for each one sold is $5. On the other hand, if it costs you $2 to make it, your profit is only $3.
See profit in the glossary.

Back to the EconoTerms main page