What is the term for the money generated from selling goods or services?

Revenue refers to the total amount of money generated from the sale of goods or services before any expenses are deducted. It is a crucial concept in economics and business as it provides an understanding of the financial inflow that a company receives from its core operations. This term is used to assess a company’s ability to generate funds, indicating its market demand and overall economic health.

In contrast to the other options, profit represents the amount remaining after all costs have been deducted from revenue; income is a broader term that can apply to individuals as well as businesses and may not specifically refer to money earned from sales; sales output relates more to the quantity of goods sold rather than the financial aspect of those sales. Therefore, revenue is the most accurate term for the money generated directly from selling goods or services.