What context can I use each word in?
Learn when and how to use these words with these examples!
turnover
Example
The company's turnover for the year was $5 million. [turnover: noun]
Example
The high turnover rate at the restaurant is due to poor management. [turnover: noun]
Example
The store has a high turnover of products to keep up with demand. [turnover: noun]
revenue
Example
The company's revenue for the year was $5 million. [revenue: noun]
Example
The website's revenue comes from advertising. [revenue: noun]
Example
The government's revenue from taxes increased this year. [revenue: noun]
Good things to know
Which word is more common?
Revenue is more commonly used than turnover in everyday language, especially in American English. Revenue is a more versatile term that can be used in various contexts, while turnover is more specific to business and financial contexts.
What’s the difference in the tone of formality between turnover and revenue?
Both turnover and revenue are formal terms used in business and financial contexts. However, revenue may be slightly more formal due to its wider usage and association with financial reporting.