Definition
Calculated as sales minus all costs directly related to those sales. These costs can include manufacturing expenses, raw materials, labor, selling, marketing and other expenses.
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'gross profit' appears in these other terms:
Gross Profit/Loss, gross profit margin
'gross profit' appears in the definitions of these other terms on BusinessDictionary.com: final accounts, common-size financial statement, first-in, first-out (FIFO), last in, first out (LIFO), sales mix, and 
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