What term refers to income generated from selling services and products?

Revenue is the term that specifically refers to the income generated from selling services and products. It encompasses all the money that a business receives from its operations, before any deductions are made for expenses or costs. This is a fundamental concept in accounting and finance, as revenue is often used to gauge a company’s financial health and operational efficiency.

Equity relates to the ownership value in an asset or company, which is distinct from income generated from operations. Profit refers to the amount remaining after all expenses have been subtracted from revenue, highlighting how much a business actually earns. Margin typically refers to the difference between the selling price of a product or service and its cost, often expressed as a percentage of sales revenue. Understanding these terms helps clarify how businesses measure their performance and financial success.