recurring revenue
nounUK /rɪˈkɜːrɪŋ ˈrɛvənjuː/
US /rɪˈkɜːrɪŋ ˈrɛvənuː/
Money that a business gets again and again, like every month.
The app makes recurring revenue because people pay for it every month.
RELATED WORDS
OTHER MEANINGS
2. Money a company earns from customers who keep paying over time.
Their recurring revenue grew as more people subscribed.
3. Predictable money that comes in on a regular schedule.
The gym counts on recurring revenue from monthly memberships.
4. Income that repeats without needing a new sale each time.
Software companies love recurring revenue because it is stable.