Business GCSE
Revenue
What Revenue means in Business GCSE, as defined for Eduqas, OCR.
Definitions of Revenue
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
The total amount of money brought in by a company's operations, measured by price multiplied by quantity sold.
The total amount of money brought in by a business's operations, measured over a set amount of time.
The total money received from the sale of goods or services (Price × Quantity).
Topics that use Revenue
- Finance (Eduqas GCSE)
- Finance (OCR GCSE)
- Revenue, costs, profit and loss (OCR GCSE)
Related terms
- Fixed Costs
- Variable Costs
- Break-Even Point
- Retained Profit
- Cash Flow Forecast
- Average Rate of Return (ARR)
- Cash Flow
- Net Profit
Using Revenue in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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