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Money

Gross revenue

Everything customers paid, before refunds, discounts or anyone else's cut comes off. The biggest number a company can quote, which is why it often does.

You'll hear it as

Gross revenue was two million, but a third of that went straight to the app stores.

Why it matters to you.

When a figure sounds impressive, ask whether it's gross or net. The gap can be huge.

Related terms.

Videos.

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