Meaning of the word "gross income" in English
What does "gross income" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
gross income
US /ɡroʊs ˈɪn.kʌm/
UK /ɡrəʊs ˈɪn.kʌm/
Noun
the total amount of money an individual or business earns before any taxes or other deductions are taken out
Example:
•
Her gross income is $50,000 a year, but her take-home pay is much less.
•
The company reported a significant increase in gross income this quarter.