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Meaning of “gross receipts” in the English Dictionary

"gross receipts" in British English

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gross receiptsnoun [plural]

uk   /ˌɡrəʊs rɪˈsiːts/ us   /ˌɡroʊs rɪˈsiːts/
money from sales, before costs and taxes are taken away: Moviegoers bought $2.19 billion of tickets this summer, down slightly from last summer's record $2.2 billion in gross receipts.
(Definition of gross receipts from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"gross receipts" in Business English

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gross receiptsnoun [plural]

uk   us   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.
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(Definition of gross receipts from the Cambridge Business English Dictionary © Cambridge University Press)
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