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English definition of “gross sales”

gross sales

noun [plural]
 
 
ACCOUNTING
the total value of a company's sales before an amount has been subtracted for costs such as returned, damaged, or missing goods, and any price reductions, taxes, etc.: He expects the company to generate at least $15 million in gross sales next year.
→ Compare net sales
(Definition of gross sales from the Cambridge Business English Dictionary © Cambridge University Press)
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