–noun 1. the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses. 2. the government department charged with the collection of such income. 3. revenues, the collective items or amounts of income of a person, a state, etc. 4. the return or yield from any kind of property, patent, service, etc.; income. 5. an amount of money regularly coming in. 6. a particular item or source of income.
Revenue
1. The dollar amount of sales during a specific period, including discounts and returned merchandise. It is the "top line" figure from which costs are subtracted to determine net income.
2. When evaluating stocks, revenue growth serves as an indication of a company's health.
Investopedia Commentary
Sometimes acquisitions and divestitures will skew revenue growth figures.
Also known as REVs.
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Charitable organization http://en.wikipedia.org/wiki/Charities Legal definitions A charitable organization (or charity) is a trust, company or unincorporated association established for charitable purposes only. (Trusts or bodies established partly for charitable purposes are sometimes considered as, or treated as, charities: this is a matter of definition.)
In law, the concept of "charitable" purpose has a technical meaning which is not quite the same as the way that the word is used in normal language. In common law jurisdictions, the concept derives loosely from the meandering list of charitable purposes in the Charitable Uses Act (also know as the Statute of Elizabeth) 1601, interpreted and expanded in a considerable body of case law. In Commissioners for Special Purposes of Income Tax v Pemsel (1891), Lord McNaughten identified four heads of charity: (1) relief of poverty, (2) the advancement of education, (3) the advancement of religion, and (4) other purposes considered beneficial to the community. For a purpose to fall into the fourth category, the courts will usually refer to the preamble of the Charitable Uses Act 1601, and decide by analogy to the purposes listed there. An example of this is the case of Vancouver Regional Freenet Association v Minister of National Revenue (1996), where free Internet access was likened by analogy to the repair of highways found in the preamble to the Charitable Uses Act 1601. Another example of this is the UK Call centre market in which Charities outsource to charitable organisation such BSS.org (derived from the BBC in 1972) to provide telephone answering services, advice and donation processing.
In many common law jurisdictions, the common law definition has been replaced by a statutory definition, but without greatly changing the underlying concept.