Total revenue - Financial definition
Financial acronyms
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Concise definition of the term total revenue
Total revenue describes the total receipts a company obtains from selling its goods or services. It is calculated by multiplying the quantity of goods by their selling price.
Comprehensive definition of the term total revenue
If a company which produces pencils sells 150,000 pencils for $5 each, its total revenue will be 150,000 x $5 = $750,000.