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Revenue vs. Receipt — What's the Difference?

Difference Between Revenue and Receipt

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Definitions

Revenue

In accounting, revenue is the income or increase in net assets that an entity has from its normal activities (in the case of a business, usually from the sale of goods and services to customers). Commercial revenue may also be referred to as sales or as turnover.

Receipt

A receipt (also known as a packing list, packing slip, packaging slip, (delivery) docket, shipping list, delivery list, bill of parcel, manifest or customer receipt) is a document acknowledging that a person has received money or property in payment following a sale or other transfer of goods or provision of a service. All receipts must have the date of purchase on them.

Revenue

Income, especially when of an organization and of a substantial nature
Traders have lost £10,000 in revenue since the traffic scheme was implemented

Receipt

The action of receiving something or the fact of its being received
Families in receipt of supplementary benefit
I would be grateful if you would acknowledge receipt of this letter

Revenue

The income of a government from all sources appropriated for the payment of the public expenses.
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Receipt

A recipe
She spent hours in the kitchen, trying all sorts of receipts

Revenue

Yield from property or investment; income.

Receipt

Mark (a bill) as paid
The receipted hotel bill

Revenue

All the income produced by a particular source.

Receipt

The act of receiving
We are in receipt of your letter.
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Revenue

A governmental department set up to collect public funds.

Receipt

The fact of being or having been received
They denied receipt of the shipment.

Revenue

The income returned by an investment.

Receipt

Often receipts A quantity or amount received
Cash receipts.

Revenue

The total income received from a given source.

Receipt

A written acknowledgment that a specified article, sum of money, or shipment of merchandise has been received.

Revenue

All income generated for some political entity's treasury by taxation and other means.

Receipt

A recipe.

Revenue

(accounting) The total sales; turnover.

Receipt

To mark (a bill) as having been paid.

Revenue

(accounting) The net income from normal business operations; net sales.

Receipt

To give or write a receipt for (money paid or goods or services delivered).

Revenue

(figurative) A return; something paid back.

Receipt

To give a receipt.

Revenue

(intransitive) To generate revenue.

Receipt

The act of receiving, or the fact of having been received.
A balance payable on receipt of the goods.

Revenue

(transitive) To supply with revenue.

Receipt

(obsolete) The fact of having received a blow, injury etc.

Revenue

That which returns, or comes back, from an investment; the annual rents, profits, interest, or issues of any species of property, real or personal; income.
Do not anticipate your revenues and live upon air till you know what you are worth.

Receipt

(in the plural) A quantity or amount received; takings.
This weekend's receipts alone cover our costs to mount the production!

Revenue

Hence, return; reward; as, a revenue of praise.

Receipt

A written acknowledgment that a specified article or sum of money has been received.

Revenue

The annual yield of taxes, excise, customs, duties, rents, etc., which a nation, state, or municipality collects and receives into the treasury for public use.

Receipt

(A piece of) evidence, documentation, etc. to prove one's past actions, accomplishments, etc.

Revenue

The entire amount of income before any deductions are made

Receipt

(A piece of) evidence (e.g. documentation or screen captures) of past wrongdoing.

Revenue

Government income due to taxation

Receipt

(archaic in New England and rural US since end of 20th century, elsewhere since middle of 20th century) A recipe, instructions, prescription.

Receipt

(obsolete) A receptacle.

Receipt

(obsolete) A revenue office.

Receipt

(obsolete) Reception, as an act of hospitality.

Receipt

(obsolete) Capability of receiving; capacity.

Receipt

(obsolete) A recess; a retired place.

Receipt

To give or write a receipt (for something).
To receipt delivered goods

Receipt

To put a receipt on, as by writing or stamping; to mark a bill as having been paid.
To receipt a bill

Receipt

The act of receiving; reception.

Receipt

Reception, as an act of hospitality.
Thy kind receipt of me.

Receipt

Capability of receiving; capacity.
It has become a place of great receipt.

Receipt

Place of receiving.
He saw a man, named Matthew, sitting at the receipt of custom.

Receipt

Hence, a recess; a retired place.

Receipt

A formulary according to the directions of which things are to be taken or combined; a recipe; as, a receipt for making sponge cake.
She had a receipt to make white hair black.

Receipt

A writing acknowledging the taking or receiving of goods delivered; an acknowledgment of money paid.

Receipt

That which is received; that which comes in, in distinction from what is expended, paid out, sent away, and the like; - usually in the plural; as, the receipts amounted to a thousand dollars.

Receipt

To give a receipt for; as, to receipt goods delivered by a sheriff.

Receipt

To put a receipt on, as by writing or stamping; as, to receipt a bill.

Receipt

To give a receipt, as for money paid.

Receipt

The act of receiving

Receipt

An acknowledgment (usually tangible) that payment has been made

Receipt

Report the receipt of;
The program committee acknowledged the submission of the authors of the paper

Receipt

Mark or stamp as paid

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