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2017 Word of the Year

average revenue

noun
1.
the total receipts from sales divided by the number of units sold, frequently employed in price theory in conjunction with marginal revenue.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for average revenue
Historical Examples
  • The average cost of the service on a rural route, therefore, exceeded the average revenue derived from postage by $687 per year.

    Government in the United States

    James Wilford Garner
  • In the custom-house district of Santiago, the average revenue receipts per year have been 5.1 per cent.

    Industrial Cuba Robert P. Porter
  • Computed in this way the average revenue per ton per mile for the railways of the United States in 1867 was 1.92 cents.

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11
13
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