Revenue Streams

Ancillary
Any supplementary item or service that supports the main operations or revenues of a business or activity, but is not the primary focus of that business or activity.
Income-Generating Unit
An income-generating unit (IGU) is a distinct segment within a business or an investment that is capable of generating revenue independently. Understanding IGUs is crucial for effective financial reporting and valuation.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.