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English to Spanish translations [Non-PRO] Bus/Financial - Accounting / in a contract
English term or phrase:revenue vs income
I am translating a contract, and I would like to know what is the difference, because in a contract, these two words appear, just as that: revenue or Income. Though in Spanish both mean "ingresos/réditos" I am not quite clear what is when. Your help will be very much appreciated.
I agree with Taña, it is very difficult to "decide" the appropriate equivalence without any context at all. It would also be usefult to know the "origin" and "destination" variations of English & Spanish.
Revenue son ingresos, income es revenue (ingresos) netos
Explanation: In general usage, revenue is income received from selling goods or services over a period of time.
The term 'income' is also synonymous with revenue; however, many people use it as shorthand for net income, which is the amount of money that a company earns after covering all of its costs.
José J. Martínez United States Local time: 15:52 Native speaker of: English, Spanish PRO pts in category: 12
Notes to answerer
Asker: I agree too. Very clear now. Tks a lot, you saved my day.
Asker: Jose, though I thanked you immediately because that was the correct answer, I thank you again.