gross income

American  

noun

1. Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.

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Compare meaning

How does gross-income compare to similar and commonly confused words? Explore the most common comparisons:

• gross income vs. net income
• gross income vs. gross profit

Example Sentences

Starting this year, charitable donations below 0.5% of adjusted gross income won’t be deductible.

From The Wall Street Journal • Apr. 6, 2026

Their daughter’s mortgage payment could be $6,400 a month at current rates, or 25% of gross income — not including the property taxes that didn’t exist at these levels in 1982.

From MarketWatch • Mar. 27, 2026

This time, her need is more urgent because she’s back in the office and the wait could potentially be longer now that her family’s gross income is higher.

From Los Angeles Times • Feb. 2, 2026

From April, taxpayers with more than £50,000 of gross income from self-employment or rental income in the 2024-25 tax year will need to comply with Making Tax Digital rules which will replace self assessment.

From BBC • Jan. 30, 2026

“Well, first let’s look at your personal gross income from lawn cutting, shall we? It’s really the only figure that counts for this aspect of your operation.”

From "Lawn Boy" by Gary Paulsen