â¢ LAUREL WREATH (noun) The noun LAUREL WREATH has 2 senses: 1. an award for winning a championship or commemorating some other event. 2. (antiquity) a wreath of laurel foliage worn on the head as an emblem of victory. Familiarity information: LAUREL WREATH used as a noun is rare.
revenue noun [C/U]. âº the âincome that a âbusiness or âgovernment âreceives âregularly, or an âamount ârepresenting such âincome: [C usually pl] âstate/âfederal revenues [U] Company revenue ârose 4% last âyear. (Definition of revenue from the Cambridge Academic Content Dictionary Â© Cambridge University Press). See all translations.
Revenue is money that a business takes in from the sale of its products and services. It is calculated by multiplying the number of units sold by the price for the item. Profit is revenue less costs associated with producing the product.