gross income Definition

gross income

Definition

Pre-tax net sales minus cost of sales. also called gross profit.

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gross income is ...
... part of the Accounting subject.

Related Terms

Adjusted Gross Income - More

net income - More

gross earnings -

AGI, gross margin, operating ratio, residential rental property, tax-deductible

gross income appears in the definitions of these other terms on BusinessDictionary.com

tax benefit rule, added value, contribution pricing, gross spread, operating expenses to gross income ratio, and