Meaning of “AGI” in the English Dictionary

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"AGI" in Business English

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AGInoun [ U ]

uk us ACCOUNTING, TAX

abbreviation for adjusted gross income: in the US, the amount of someone's income that can be taxed. To calculate AGI, add the income from a person's salary, investments, etc. and then reduce this amount by deductions (= costs, for example, for medical care or loan interest).

(Definition of “AGI” from the Cambridge Business English Dictionary © Cambridge University Press)