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gross profit

   Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

gross profit

The difference between sales revenue and the direct cost of production for a business. It does not take account of the overheads of the business. Gross profit is usually shown in the profit and loss account of the company.



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? Mentioned in ? References in periodicals archive
 
At a 30% margin, that works out to a gross profit of $114 per instrument.
Sales for 2003 were pounds 577,289 producing a gross profit of pounds 104,215 plus other income from commissions, pools commission, stamps and interest totalling pounds 3,104.
The 43rd Levy Scheme (Apr 1, 2004 - Mar 31, 2005) is calculated by reference to the gross profit on British
 
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