Word of the Day |
gross When something is disgusting or makes you feel a little sick inside because it’s unattractive or ugly, you can use the word "gross."
During the tax season in the United States, you often hear the word "gross" used when talking about salaries and profits. The "gross amount" is the amount of money you made before taxes and expenses:
You can also use the word "gross" as an adjective to describe a bad situation:
*Note: The difference between "gross" and "net" is very important to understand. When describing your salary, for instance, the gross amount is the larger amount shown in your paycheck. This is how much you are paid. The net amount is the amount of money that you actually take home. Some people refer to this as "take home pay." The net amount is the the money you have after taxes and other deductions are taken out of your paycheck. Click here to go to the Word of the Day page. This page was first published on April 6, 2012. It was amended on February 7, 2015. |
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