gross profit

gross profit

n

(Economics, Accounting & Finance / Accounting & Book-keeping) Accounting the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock

Thesaurus

Noun

1.

gross profit - (finance) the net sales minus the cost of goods and services sold gross profit margin, margin corporate finance - the financial activities of corporation net income, net profit, profit, profits, earnings, lucre, net - the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)