De omzet
Example: De omzet van het bedrijf is dit kwartaal gestegen.
Definition
"De omzet" refers to the total revenue or sales generated by a company within a specific period. It indicates the amount of money earned from goods sold or services provided before any expenses or taxes are deducted.
Etymology
The term "de omzet" in Dutch originates from the verb 'omzetten,' meaning to convert or turn around. Historically, it referred to the act of turning over or exchanging goods, which evolved into its modern financial meaning of total sales or revenue.
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"De omzet" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the turnover