gross profit(s)
61Gross (economics) — In economics gross means before deductions. The antonym is net, meaning after deductions.Examples* Gross domestic product * Gross national product * Gross profit * Gross incomegross pay is without all the deductions deductedUsageIn this sense, it …
62profit — 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… …
63gross — /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. ■ …
64Gross 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… …
65profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …
66profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …
67Gross Income — 1. An individual s total personal income before taking taxes or deductions into account. 2. A company s revenue minus cost of goods sold. Also called gross margin and gross profit . 1. Your gross income is how much you make before taxes. It is… …
68profit — 1) (margin; profit margin) For a single transaction or set of transactions, the excess of sales revenue over the costs of providing the goods or services sold. See: gross profit, net profit 2) For a period of trading, the surplus of net assets at …
69gross margin — UK / US noun [countable] Word forms gross margin : singular gross margin plural gross margins business gross profit expressed as a percentage …
70profit — margin; profit margin For a single transaction or set of transactions, the excess of sales revenue over the costs of providing the goods or services sold. See gross profit; net profit For a period of trading, the surplus of net assets at the end… …
