annual gross

Meanings

1. 1nouncountablebusinessfinance

   The total amount of money earned or received in a year before any taxes or costs are taken away.

   Grammar: Often used after a possessive or with 'of': her annual gross, an annual gross of $50,000.

   Patterns

   • someone's annual gross
   • an annual gross of $...
   • on an annual gross basis

   Her annual gross is about $75,000, but after tax she takes home much less.

   The company reported an annual gross of $2 million last year.

   He was offered a position with an annual gross of £40,000 plus bonuses.

2. 2adjectivebefore a nounbusinessfinance

   Relating to the total amount earned in a year before deductions.

   Grammar: Comes before a noun: annual gross income, annual gross profit.

   Patterns

   • annual gross income
   • annual gross profit
   • annual gross earnings

   Please state your annual gross salary on the application form.

   The annual gross profit was higher than expected, but net profit fell.

   They compared the annual gross revenues of the two companies.

Common combinations

annual gross income

Your annual gross income determines your tax bracket.

annual gross salary

The job advertisement listed an annual gross salary of $60,000.

annual gross profit

The firm's annual gross profit rose by 10%.

annual gross revenue

The startup's annual gross revenue reached $1 million in its second year.

annual gross earnings

Her annual gross earnings include overtime and bonuses.

Synonyms and how they differ

gross income

More general; it can refer to any period, not just a year.

gross pay

Usually refers to wages before deductions for a single pay period, not a year.

Opposites

Word family

gross adjective

Total before deductions; also means disgusting.

annually adverb

Once a year; yearly.

Commonly confused: annual gross or net?

Practice

Make it your own

Write a sentence using “annual gross”, then check it and compare it with the examples above.

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