noun
(finance) the net sales minus the cost of goods and services sold
• Syn: ↑gross profit margin, ↑margin
• Topics: ↑corporate finance
• Hypernyms:
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gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries.
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gross margin or gross profit noun (business)
The difference between the selling price of an article and the cost of the materials and labour needed to produce it
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Main Entry: ↑gross
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gross profit
See ↑gross margin above
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Main Entry: ↑gross
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the difference between the price that someone sells goods for and what it costs to produce them
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gross profit,
the difference between cost of goods and the selling price; profit before the expenses of doing business have been deducted.
Useful english dictionary. 2012.