gross profit


gross profit
noun
(finance) the net sales minus the cost of goods and services sold
Syn: ↑gross profit margin, ↑margin
Topics: ↑corporate finance
Hypernyms:
net income, ↑net, ↑net profit, ↑lucre, ↑profit, ↑profits, ↑earnings

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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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gross profit UK US noun [countable] [singular gross profit plural gross profits] business
the difference between the price that someone sells goods for and what it costs to produce them
Thesaurus: profitsynonym

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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.

Look at other dictionaries:

  • gross profit — gross margin; = gross profit margin The difference between the sales revenue of a business and the cost of sales. It does not include the costs of finance, administration, or distribution. Compare: net profit …   Accounting dictionary

  • gross profit — gross margin; gross profit margin The difference between the sales revenue of a business and the cost of sales It does not include the costs of finance, administration, or distribution. Compare net profit …   Big dictionary of business and management

  • gross profit — n ↑gross margin …   Dictionary of contemporary English

  • gross profit — index proceeds Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • gross profit — noun count BUSINESS the difference between the price that someone sells goods for and what it costs to produce them …   Usage of the words and phrases in modern English

  • Gross Profit — A company s revenue minus its cost of goods sold. Gross profit is a company s residual profit after selling a product or service and deducting the cost associated with its production and sale. To calculate gross profit: examine the income… …   Investment dictionary

  • Gross 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 …   Wikipedia

  • gross 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… …   Financial and business terms

  • gross profit — UK / US noun [countable] Word forms gross profit : singular gross profit plural gross profits business the difference between the price that someone sells goods for and what it costs to produce them …   English dictionary

  • gross profit — gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries. * * * …   Universalium