gross rate meaning
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What is Gross Rate? A gross rate is the rate of interest that you would earn at the outset of taking out a savings account. It's useful as a rough guide, but be aware of the following: A gross rate doesn't take tax into account.
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What is 'Gross Profit' What is 'Gross Profit' Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement, and can be calculated with this formula: Gross profit = Revenue - Cost of Goods Sold
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- DEFINITION of 'Gross Income'. 1. An individual's total personal income before taking taxes or deductions into account. 2. A company's revenue minus cost of goods sold. Also called  gross margin  and gross profit.. Next Up.
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Understanding Interest Gross. The gross interest rate is the amount of interest you will earn before income tax is deducted. So, if an account offers 3.00% gross interest, this is the amount you will receive BEFORE your returns are taxed. If you are a non-taxpayer, you can register with your savings provider to have interest paid gross.
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- Gross: A lease in which the stated rent includes the operating expenses and taxes for the building. Same as a Full Service lease. Opposite of Net Lease. This is the least common lease type. Modified Gross (Mod Gross): A modified gross lease sits somewhere between a Triple Net lease and a Gross lease.
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Gross vs Net â Whatâs the Difference? Gross margin is gross income divided by net sales, expressed as a percentage. It reveals how much a company earns taking into consideration the costs that it incurs for producing its products and/or services.
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What Is the Meaning of Gross Salary? Gross salary is the term used to describe all of the money you’ve made while working at your job, figured before any deductions are taken for state and federal taxes, Social Security and health insurance.
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"What Does ""net Pay"" Mean?" What does gross salary mean? A: Gross salary refers to a person's income, typically stated on an annual basis, prior to any deductions or taxes. Gross salary is different from net salar... Full Answer >
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What Is the Meaning of Gross Salary? Basic Definition Gross salary is the term used to describe all of the money you’ve made while working at your job, figured before any deductions are taken for state and federal taxes, Social Security and health insurance.
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Part 4. Examining Process From Wikipedia, the free encyclopedia. Gross margin is the difference between revenue and cost of goods sold, or COGS, divided by revenue, expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (production or acquisition costs, essentially). Gross Margin is often used interchangeably with Gross Profit, but the terms are different.
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What is 'Gross Profit' What is 'Gross Profit'. Gross profit is a company's total revenue (equivalent to total sales) minus the cost of goods sold. Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement or can be calculated with this formula: Gross profit = revenue - cost of goods sold.
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Gross (unit) Gross (unit) In English and related languages, several terms involving the words great or gross (possibly, from French: grosse thick) relate to numbers involving multiples of exponents of twelve (dozen): A gross refers to a group of 144 items (a dozen dozen or a square dozen). A great gross refers to a group of 1728 items (a dozen gross or a cubic dozen). A small gross or a great hundred refers to a group of 120 items (ten dozen).
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DEFINITION of 'Gross Production Tax' A state tax imposed on companies that generate revenues by depleting non-renewable resources. Such companies include producers of oil and gas, coal miners and miners of metals and minerals. Gross production taxes are normally introduced as a means of compensating the state for the pollution that miners emit. A state tax imposed on companies that generate revenues by depleting non-renewable resources.
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Gross vs. Net in Economics In accounting, gross profit, gross income, or gross operating profit all refers to the difference between revenue and the expense of providing a service or manufacturing a product, prior to deducting overheads, payroll costs, taxes, and payments on interest.or example, net income for a business is the income made after all expenses, overheads, taxes, and interest payments are deducted from the gross income. Similarly, gross weight refers to the total weight of goods and its packaging, with net weight referring only to the weight of the goods.
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Raw Prime Meat Usage [edit | edit source]. Raw Prime Meat is very useful for taming. It is the second best thing to feed any Carnivore you want to tame (with Kibble being the first). Raw Prime Meat replenishes the same 50 food as regular Raw Meat to a dino being tamed, but it tames the Dino at 3 times the speed.
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- gross income. 1. Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.
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What are gross sales? What are gross sales? Gross sales are the amounts a company earned and recorded from the sales of its products (and perhaps its services). The amounts originate from the company's sales invoices but the total will be adjusted to the accrual basis at the end of each accounting period.
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- 1 A gross refers to a group of 144 items (a dozen dozen or a square dozen).  A great gross refers to a group of 1728 items (a dozen gross or a cubic dozen).
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GROSS Dictionary entry overview: What does gross mean? • GROSS (noun) The noun GROSS has 2 senses: 1. twelve dozen 2. the entire amount of income before any deductions are made Familiarity information: GROSS used as a noun is rare. • GROSS (adjective) The adjective GROSS has 7 senses: 1. before any deductions
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What is a 'Tax Rate' DEFINITION of 'Tax Rate'. The percentage at which an individual or corporation is taxed. The tax rate is the tax imposed by the federal government and some states based on an individual's taxable income or a corporation's earnings. The United States uses a progressive tax rate system, where the percentage of tax increases as taxable income.
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- DEFINITION of 'Gross Income'. 1. An individual's total personal income before taking taxes or deductions into account. 2. A company's revenue minus cost of goods sold.Also called  gross margin  and gross profit..Next Up.n individual's total personal income before taking taxes or deductions into account. 2. A company's revenue minus cost of goods sold. Also called  gross margin  and gross profit.. Next Up.
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- defining gross pay an employee s gross pay is the amount of his wages before any deductions including taxes and benefits gross pay may be determined by the amount an employee works as in hourly pay or at a set rate as in a weekly salary
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- Defining Gross Pay. An employee's gross pay is the amount of his wages before any deductions, including taxes and benefits. Gross pay may be determined by the amount an employee works, as in hourly pay, or at a set rate, as in a weekly salary.
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Tax Rate Tax Rate. The amount of charges imposed by the government upon personal or corporate income, capital gains, gifts, estates, and sales that are within its statutory authority to regulate. Tax rate schedules are utilized by taxpayers whose taxable incomes exceed certain designated amounts.
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- What is 'Gross Up'. Gross up usually refers to an employer reimbursing workers for the taxes paid on some portion of their income, usually from a one-time payment such as relocation expenses. In other words, if an employee is promised $5,000 for relocation expenses, the actual check might be issued for $6,500.
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3 Important Burn Rate Considerations for Every Business The difference between the terms net and gross is important for your accounting and for your burn rate comprehension. An entrepreneur’s gross burn rate means the total amount of capital you’re spending monthly. That’s going to include all your outgoing cash flow for all your operations to keep the business running. Your net burn rate on the other hand is your monthly loss.