English Dictionary |
UNEARNED REVENUE
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Dictionary entry overview: What does unearned revenue mean?
• UNEARNED REVENUE (noun)
The noun UNEARNED REVENUE has 2 senses:
1. personal income that you did not earn (e.g., dividends or interest or rent income)
2. (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Familiarity information: UNEARNED REVENUE used as a noun is rare.
Dictionary entry details
Sense 1
Meaning:
Personal income that you did not earn (e.g., dividends or interest or rent income)
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
unearned income; unearned revenue
Hypernyms ("unearned revenue" is a kind of...):
income (the financial gain (earned or unearned) accruing over a given period of time)
Domain category:
revenue enhancement; tax; taxation (charge against a citizen's person or property or activity for the support of government)
Sense 2
Meaning:
(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
unearned income; unearned revenue
Hypernyms ("unearned revenue" is a kind of...):
income (the financial gain (earned or unearned) accruing over a given period of time)
Domain category:
accounting (a system that provides quantitative information about finances)
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