Today's Market

updated 7 hours ago Sponsored by:
DOW 16,351.38 293.03 1.82%
S&P 500 1,948.86 35.01 1.83%
NASD 4,749.98 113.87 2.46%

Community: Investing Wiki

Term Of The Hour

define gross income: Original post by Vicki A. Benge of Demand Media In business and finance, gross profit or gross income is used to calculate gross margins for a company. Dividing gross income by revenue determines gross margins. The gross income figure of a firm is of little use to an outsider by itself. Conversely, gross margins provide information on how well a business is performing.

Want to learn more or edit this definition?
Click here to read more!