Meaning of “gross interest” in the English Dictionary

business-english dictionary

"gross interest" in Business English

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gross interestnoun [ U ]

uk us TAX, FINANCE, BANKING

money received in interest on bank accounts or investments before tax is paid on it:

If you are a non taxpayer then you can keep your gross interest in full.

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