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English definition of “gross receipts”

gross receipts

noun [plural]     FINANCE, ACCOUNTING, COMMERCE
the profits from particular sales before any costs or taxes have been paid : Moviegoers bought $2.19 billion of tickets this summer , down slightly from last summer's record $2.2 billion in gross receipts . → Compare net receipts
(Definition of gross receipts noun from the Cambridge Business English Dictionary © Cambridge University Press)
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