revenue recognition

noun

The point at which revenue is recognized or recorded, which, depending on the system, may be when the money is received (cash basis), or may be when goods are transferred to the customer (accrual basis).

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounrevenue recognition (uncountable)
  1. uncountableaccountingThe point at which revenue is recognized or recorded, which, depending on the system, may be when the money is received (cash basis), or may be when goods are transferred to the customer (accrual basis).
Cite this entry
APA

revenue recognition. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/revenue%20recognition

MLA

“revenue recognition.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/revenue%20recognition. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “revenue recognition,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/revenue%20recognition.

Source: revenue recognition on Wiktionary, CC BY-SA 4.0.