gross profit

the excess of net sales over cost of goods sold usually expressed as a percentage. Glossary of Business Terms
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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 Banker Glossary
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sales minus the cost of goods sold. Bloomberg Financial Dictionary

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gross profit gross profit profit1

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   Total profit before the deduction of tax and expenses.

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gross profit UK US noun [C or U] (also trading profit) ACCOUNTING
a company’s profit from selling goods or services before costs not directly related to producing them, for example interest payments and tax, are subtracted: »

Gross profit for the quarter amounted to $11.2m.


Financial and business terms. 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 — noun (finance) the net sales minus the cost of goods and services sold • Syn: ↑gross profit margin, ↑margin • Topics: ↑corporate finance • Hypernyms: ↑net income, ↑ …   Useful english dictionary

  • 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 — 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

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