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gross profit
noun
gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries.
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Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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gross profit
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World English Dictionary
gross profit
—
n
accounting
the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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