Meaning Of The Word Gross profit

Real Dictionary
  1. Real Dictionary
  2. G Words Definitions
  3. Section G-203
  4. Gross profit

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Gross profit Meaning

Gross profit Definition
Gross profit Definition

What's The Definition Of Gross profit?

gross profit in Accounting
noun: A company's gross profit is the difference between its total income from sales and its total production costs.

gross profit in American English
noun: gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries

gross profit in British English
noun: the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock

gross profit in Retail
noun: A company's gross profit is the difference between its total income from sales and its total production costs.

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