Income vs Revenue

When to use each in English, with meaning, register, and examples.

Income

Top 2,000 (common)B2noun

Revenue

Top 2,000 (common)B2noun
 IncomeRevenue
Pronunciation🇬🇧 /["/ˈɪnkʌm//ˈɪnkəm/"]/🇺🇸 /["/ˈɪnkʌm//ˈɪnkəm/"]/🇬🇧 /["/ˈrevənjuː/"]/🇺🇸 /["/ˈrevənuː/"]/
MeaningThe money a person earns or receives regularly.The money a business makes from selling goods or services.
ExampleHer annual income has increased significantly this year.The company's revenue increased significantly last quarter due to higher sales.
RegisterNeutralNeutral
How commonTop 2,000 (common)Top 2,000 (common)
CEFR levelB2B2
Part of speechnounnoun
Collocationshigh, large, six-figure, have, receive, earn, arise (from something), come from something, derive from something, bracket, group, level, on an income, income from, the distribution of income, the redistribution of income, a drop in incomeannual, yearly, expected, depend on, need, rely on, be derived from something, come from something, go up, stream, share, revenue from, loss of revenue, a source of revenue
Antonymsexpense, outlayloss, deficit, expense
Common mistakesConfused with 'outcome' - 'outcome' refers to results, while 'income' is about money earned., Using as a verb - 'income' is a noun only., Mispronouncing it as 'in-come' instead of 'in-kum'.Confused with 'profit', which is revenue minus costs., Using 'revenues' incorrectly as a singular noun., Mixing up with 'income', which can refer to personal earnings.
Usage notesUsed in both formal and informal contexts. Common in financial discussions, business, or personal budgeting. Avoid in casual conversations unless related to finances.Commonly used in business contexts. Avoid using it in casual conversation about everyday expenses.

Frequently asked questions: Income vs Revenue

What's the difference between Income and Revenue?

Income: The money a person earns or receives regularly. Revenue: The money a business makes from selling goods or services.

Are Income and Revenue the same CEFR level?

Income: B2, Revenue: B2 on the CEFR scale.

What part of speech are Income and Revenue?

Income: noun, Revenue: noun.

Can you show an example of each?

Income: Her annual income has increased significantly this year. Revenue: The company's revenue increased significantly last quarter due to higher sales.

Can I use Income and Revenue interchangeably?

Not always. Income and Revenue are related and overlap in some contexts, but they differ in register, how common they are, and usage, so swapping one for another can change the meaning or tone. Check the differences above before substituting.

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