GROSS REVENUE Definition

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GROSS REVENUE is income (at invoice values) received for goods and services over some given period of time. See also GROSS SALES.

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EFT see ELECTRONIC FUNDS TRANSFER.

RELATED PARTY TRANSACTION is an interaction between two parties, one of whom can exercise control or significant influence over the operating policies of the other. A special relationship may exist, e.g. a corporation and a major shareholder.

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