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.
Average Revenue and Marginal Revenue Calculation. Revenue can be defined as receipts or returns from the sale of products of an organization. In other words, revenue is the income that an organization receives from normal business activities. âThe Revenue of a firm is its sales receipts or money receipt from the sale of a productâ.