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Gross Income
(redirected from gross)

    Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
Gross income
A person's total income prior to exclusions and deductions.
gross income
1. For a business, its total revenues exclusive of any expenses.
2. For an individual, all income except as specifically exempted by the Internal Revenue Code. For example, an inheritance is specifically excluded from gross income.
Gross Income
Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law.


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