Synonyms in Detail: income and revenue Usage & Differences

What context can I use each word in?

Learn when and how to use these words with these examples!

income

Example

My income from my job is enough to cover my expenses. [income: noun]

Example

She reported an income of $50,000 on her tax return. [income: noun]

Example

After taxes, my monthly income is $3,000. [income: noun]

revenue

Example

The company's revenue increased by 20% this quarter. [revenue: noun]

Example

The revenue from our new product has been impressive. [revenue: noun]

Example

The government's revenue from taxes is used to fund public services. [revenue: noun]

Good things to know

Which word is more common?

Income is more commonly used than revenue in everyday language, as it is a term that is more relatable to individuals and households. Revenue is a term that is more commonly used in business and financial contexts.

Whatโ€™s the difference in the tone of formality between income and revenue?

Revenue is a more formal term than income, as it is primarily used in business and financial contexts. Income is a more versatile term that can be used in both formal and informal contexts.

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