3 (also spline curve) Mathematics A continuous curve constructed so as to pass through a given set of points and have a certain number of continuous derivatives. Example sentences. 1  The data was therefore fit nonparametrically to a smooth curve using the Dierckx algorithm for cubic spline curve fitting.
Definition of Unearned Revenue in Accounting. Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the money is potentially refundable and thus not yet recognized as revenue.
A transportation company contracts to provide services to an after-school program for a fee of $24,000, and is paid $12,000 as half of the fee. The $12,000 in unearned service revenue is recorded as a liability on the income statement, and the appropriate portion entered as revenue after each completed month of service.Companies often create a separate category on income statements for unearned revenue.nearned service revenue must be recorded, but it is not entered as revenue on the income statement. Cash received for services that have not been provided is not considered true revenue until the income is earned.