Ávinnings

Ávinnings is the genitive singular form of the Icelandic noun ávinningur, which denotes profit, gain, or benefit arising from an activity. The core concept covers monetary profits as well as non-monetary advantages, and it is used in economics, accounting, taxation, and everyday language to describe positive outcomes from a transaction, decision, or venture.

In business and finance, ávinningur refers to the net result after costs have been subtracted from revenues, and it is a central measure in evaluating performance. In broader use, the term can describe any advantageous outcome—such as time saved, efficiency gains, or strategic advantages—gained from a policy, investment, or action.

Etymology and related forms: The base noun ávinningur is commonly linked to the verb vinna "to win/earn," and ávinnings is the genitive singular form used to mean "of profit" or "of gain." Related terms include hagnaður (profit) and tekjur (revenues).

In Icelandic law and accounting, ávinningur and profit figures are subject to taxation according to applicable rules, and financial reporting distinguishes gross and net ávinningur depending on whether costs have been accounted for.

See also: ávinningur, hagnaður, tekjur.