Define: Service Income
Service Income means total amount invoiced for executing services
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Service Income means total amount invoiced for executing services.
Relevant Circumstances
- When a business hires an independent contractor for a specific service.
- When a consulting entity is engaged in providing expert services for a fee.
- When freelancers are involved to perform a certain task or service.