easily broken, shattered, or damaged; delicate; brittle; frail: a fragile ceramic container; a very fragile alliance. vulnerably delicate, as in appearance: She has a fragile beauty. lacking in substance or force; flimsy: a fragile excuse.
unearned revenue - (accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet) unearned income. accounting - a system that provides quantitative information about finances. income - the financial gain (earned or unearned) accruing over a given period of time.
A company must recognize the earned portion of the unearned revenue as the service or goods are provided. For instance, a newspaper company receives $50 in advance for a 10-week subscription. This means it costs $5 per week to subscribe to the newspaper because $50 divided by 10 weeks is $5. company recognizes revenue when a sale is made or when the service is provided. Unearned revenue occurs when a company receives cash but has not yet provided the goods and services. Unearned revenue does not appear on the income statement with the companyâs other revenues.