A criminal complaint charged that the defendant did “revel, quarrel, commit mischief, and otherwise behave in a disorderly manner.” Held, that the word “revel” has a definite meaning; i. e., […]
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REVELAND
1 N. H. 213, 8 Am. Dee. 52; Bell v. Perkins, Peck (Tenn.) 206, 14 Am. Dec. 745; Evans v. Denver, 20 Colo. 193, 57 Pac. 690.
REVELS
Sports of dancing, masking, etc., formerly used in priuces’ courts, the inns of court , and noblemen’s houses, commonly performed by night. There was an officer to order and supervise […]
REVENDICATION
In the civil law . The right of a vendor to reclaim goods sold out of the possession of the purchaser, where the price was not paid. Story, Confl. Laws,
REVENUE
As applied to the income of a government, this is a broad and general term, including all public moneys which the state collects and receives, from whatever source and in […]
REVENUE ACCOUNT
A term in the USA for an account that shows inflow of money from goods sold and chargeable expenses shown against it. In Uk it it called a profit loss […]
REVENUE AGENT
Specialists in tax accounting procedures for the IRS. Used to perform a random audit.
REVENUE BASE
The major source and a regular part of total revenue of a government or firm for example.
REVENUE BILLS
These are the group of bills that impose the federal taxes . These bills originate in the House of Representatives .
REVENUE BOND
A loan given to a municipalities project that is repaid by revenue from the project itself such as a toll road. Refer to general obligation bond .
REVENUE CENTER
The unit or department in an organisation that generates revenue from the slae of services and goods.
REVENUE CYCLE
The cycle that begins with meeting of potential customers, following any transactions during the period of sales and continues with a company/customer relationship .
REVENUE EXPENDITURE
Any cash that is spent in the generation of revenue.
REVENUE GENERATION
The way a company sells its services and goods in order to make an income.
REVENUE LEVERAGE
Applying for a new loan to pay off an existing loan.
REVENUE OFFICER
the name that si given to an agent of the Internal Revenue Service whose duties are to enforce the IRS code.
REVENUE PASSENGER MILE (RPM)
The way an airline measures its turnover. It is equal to one paying pssenger flown a mile.
REVENUE PER AVAILABLE ROOM (REVPAR)
The total revenue for rooms over a period of time divided by the number of rooms that were available at the same time.
REVENUE PER EMPLOYEE
Ratio of current employees to sales. Total earnings is divided by number of employees.
REVENUE PROJECT
A project that does not need an investment of capital but requires continuing expenditure .
REVENUE RECOGNITION PRINCIPLE
Rule in accounting where (1) generation of revenue is complete, (2) an exchange has occured.
REVENUE RESERVE
The revenue reserve is that part of profit which has not been given to the shareholder but retained in the buisness for further growth. Hence revenue reserve, is the part […]
REVENUE RULING
a ruling that is managed by the IRS that helps businesses allocate income and expenditure .
REVENUE SHARING
Where an individual , corporationor business needs to pay taxes on any income that is earned another state.
REVENUE TON
A unit of billing in the shipping industry equal in weight to a metric ton or a volume of metres cubed.