Meaning of “gross receipts” in the English Dictionary

business-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)