product-level income
nounUK /ˈprɒdʌkt ˈlɛvəl ˈɪnkʌm/
US /ˈprɑːdʌkt ˈlɛvəl ˈɪnkʌm/
The money a company makes from selling one particular thing it makes.
The company's product-level income from its new toy line doubled this year.
RELATED WORDS
OTHER MEANINGS
2. The earnings reported for each separate product in a company's financial records.
Accountants broke down the product-level income to see which items were most profitable.
3. Money earned by one product before shared company costs are subtracted.
The product-level income looked strong, but overall profits were lower after overhead.
4. A measure used to compare how well different products perform financially.
Managers used product-level income to decide which products to keep making.