- Income that comes into a company from its normal business activities.
business income, income
Related Terms and Acronyms
- Accounting Period (AP) — Acronym, Important,
- The time period used in a set of accounting books or financial statements, often 12 months.
- Accounts Payable (AP, A/P) — Acronym,
- Money owed by a business for goods and services received.
- Accounts Receivable (A/R, AR) — Acronym, Important,
- Money owed to a business by purchasers of goods and/or services.
- Cash Flow — Definition,
- The money an investment produces after subtracting cash expenses from income.
- Cash Flow Forecast — Definition,
- An estimate of when and how much money will be received and paid out of a business. It usually records cash flow on a month-by-month basis for a period of two years.
- Income — Definition,
- The money earned in a specific time period.
- Incorporated Business — Definition,
- A company that exists as a corporation.
- Loss — Definition,
- When expenses are larger than revenues.
- Operating Cash Flow (OCF) — Acronym,
- The money a company generates from its business operations. This revenue excludes costs from certain investments.
- Privately Held Company — Definition,
- A company that is not listed on a stock exchange.
- Profit — Definition,
- When revenues exceed expenses.
- Publicly Traded Company — Definition,
- A company that is sold on a stock exchange.
- Short-term Liabilities — Definition,
- Money that you have to pay in less than 12 months, including wages, short-term loans, taxes, credit card balances and long-term loans.
- Solvency — Definition,
- To be able to meet one's financial liabilities in the short or long term.