gross (net) profit
51profit — I UK [ˈprɒfɪt] / US [ˈprɑfɪt] noun Word forms profit : singular profit plural profits *** 1) [countable/uncountable] business money that you make by selling something or from your business, especially the money that remains after you have paid… …
52profit — 1 noun 1 (C, U) money that you gain by selling things or doing business: They sold the business and bought a yacht with the profits. | The profit each day from the snack bar is usually around $. | make (a) profit: The telephone companies are… …
53profit and loss account — noun an account compiled at the end of an accounting period to show gross and net profit or loss • Syn: ↑profit and loss • Hypernyms: ↑account, ↑accounting, ↑account statement * * * ˌprofit and ˈloss account [profit and loss account] …
54Net Profits Interest — A percentage that is paid out of the working interest owner s share of net profits. This is a non operating interest that may be created when the owner of a property typically an offshore oil and gas property leases it out to another party for… …
55net — 1. noun /nɛt/ a) A mesh of string, cord or rope. Petri net b) A device made from such mesh, generally used for catching fish. caught in the prosecuting attorneys net …
56Gross margin — (also called gross profit margin or gross profit rate) is the difference between revenue and cost before accounting for certain other costs. Generally, it is calculated as the selling price of an item, less the cost of goods sold (production or… …
57gross — 1 / grōs/ adj [Middle English, immediately obvious, from Middle French gros thick, coarse, from Latin grossus] 1: flagrant or extreme esp. in badness or offensiveness: of very blameworthy character a gross violation of the rules of ethics a gross …
58gross — ► ADJECTIVE 1) unattractively large or bloated. 2) vulgar; unrefined. 3) informal very unpleasant; repulsive. 4) complete; blatant: a gross exaggeration. 5) (of income, profit, or interest) without deduction of tax or other contributions; total.… …
59Net output — is an accounting concept used in national accounts such as the United Nations System of National Accounts (UNSNA) and the NIPAs, and sometimes in corporate or government accounts. The concept was originally invented to measure the total net… …
60Gross income — is commonly defined as the amount of a company s or a person s income before all deductions or any taxpayer’s income, except that which is specifically excluded by the Internal Revenue Code, before taking deductions or taxes into account. For a… …
