unearned revenue :

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unearned revenue

  • n  personal income that you did not earn (e.g., dividends or interest or rent income)
  • n  (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
News & Articles

  • VMware's Q3 license growth beats expectations; unearned revenue jumps
    VMware's ( VMW ) Q3 license revenue (drives future services revenue) rose 15% Y/Y to $564M. That's well above Q2's 2.6% growth , and also guidance for 9%-13% growth. Services revenue +13% to $725M. Total revenue growth was 14%, or 19% if excluding assets that were either sold or are part of the Pivotal spinoff. VMware's unearned revenue balance rose 21% Y/Y to $3.64B. That's one reason free cash ...
    Oct. 21, 2013 - Seeking Alpha

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