Meaning of “gross income” in the English Dictionary

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"gross income" in Business English

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gross incomenoun [ U ]

uk us FINANCE, TAX, ACCOUNTING

the total amount of a person’s or organization’s income in a particular period before tax is paid on it:

The new legislation stipulates that the first 25% of gross income from oil sales must go to the state.
The house is rented out and brings in a gross income each month of $1,300.

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