What is another word for gross income?

64 synonyms found


[ ɡɹˈə͡ʊs ˈɪnkʌm], [ ɡɹˈə‍ʊs ˈɪnkʌm], [ ɡ_ɹ_ˈəʊ_s ˈɪ_n_k_ʌ_m]

How to use "Gross income" in context?

Gross income is a term used to describe the total of all income a person or business earned in a particular period of time. It includes income from wages, salary, tips, commissions, rents, dividends, partnerships, sole proprietorships, and other income. The gross income of a business is typically greater than the net income because deductions for business expenses (mainly taxes and employee expenses) are subtracted from the gross income.

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