Definitions and Examples of income, revenue, profit
Learn when and how to use these words with these examples!
Money received, especially on a regular basis, for work or through investments.
Example
Her income from her job was enough to cover her basic expenses.
Income generated by a business or organization, usually from sales or services.
Example
The company's revenue increased by 20% this year due to higher sales.
The amount of money left over after all expenses have been paid.
Example
The business made a profit of $10,000 this quarter.
Key Differences: income vs revenue vs profit
- 1Income is the money received for work or investments, while revenue is the income generated by a business or organization.
- 2Profit is the amount of money left over after all expenses have been paid.
Effective Usage of income, revenue, profit
- 1Financial Planning: Use these antonyms to plan your budget and manage your finances effectively.
- 2Business Communication: Incorporate these antonyms in business conversations to discuss financial performance and goals.
- 3Economic Analysis: Utilize these antonyms to analyze economic trends and make informed decisions.
Remember this!
The antonyms of expense are income, revenue, and profit. Use these words to plan your budget, manage finances, discuss financial performance, analyze economic trends, and make informed decisions.