gross interest
21Gross Acres — The amount of leased real estate, that a petroleum and/or natural gas company has a working interest in. Gross acres is different from net acres if a company shares its working interest with another company or companies. The company s true… …
22gross income — Under I.R.C. Section 61(a) gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, and similar items; (2) Gross income derived… …
23gross income — Under I.R.C. Section 61(a) gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, and similar items; (2) Gross income derived… …
24Gross Domestic Income - GDI — The sum of all income earned while producing goods and services within a nation s borders. Gross domestic income (GDI) is a lesser known calculation stat used by the Federal Reserve to gauge economic activity based on income. It differs from… …
25gross — /grəυs/ noun twelve dozen (144) ● He ordered four gross of pens. (NOTE: no plural) ■ adjective total, with no deductions ■ adverb with no deductions ● My salary is paid gross. ● Building society accounts can pay interest gross to non taxpayers. ■ …
26Gross Margin — A company s total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs… …
27interest cover — An accounting ratio, measuring the level of a company s profits relative to its interest charge in the profit and loss account. It is usually defined as profits before interest and tax divided by interest charges, but the precise definition will… …
28Gross profit — In accounting, Gross profit or sales profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments. Note that this is different than operating …
29Interest Deduction — A deduction for taxpayers who pay certain types of interest. Interest deductions reduce the amount of income subject to tax. The two main types of interest deductions are for home mortgage and home equity loan interest, and margin account… …
30gross profit — the excess of net sales over cost of goods sold usually expressed as a percentage. Glossary of Business Terms A subtotal on a firm s statement of income that is net sales minus cost of goods sold. Sometimes called gross profit on sales. American… …
