GROSS PROFIT MARGIN

Company’s profitability as a percentage of gross profit. Calculation is gross profit divided by revenue.

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GROSS EARNINGS AND NET EARNINGS

The gross earnings of a business or company are the total receipts before deducting expenditures. Net earnings are the excess of the gross earnings over the expenditures defrayed in producing them, and aside from and exclusive of capital laid out in constructing and equipping the works or plant. State v. Railroad Co., 30 Minn. 311. 15N. W. 307; People v. Roberts, 32 App. Div. 113, 52 N. Y. Supp. 859; Cincinnati, S. & C.It. R. Co. v. Indiana. B. & N. Ity. Co., 44 Ohio St. 287, 7 N. E. 139; Mobile & O. R. Co.v. Tennessee. 153 U. S. 480. 14 Sup. Ct. 90S. 38 L. Ed. 703; Union Pac. R. Co. v. U. S.,99 U. S. 420, 25 L. Ed. 274; Cotting v. Railway Co., 54 Conn. 150, 5 Atl. 851.

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GROSS EARNINGS FORM

Insurance coverage for lost business gross earnings from insured condition damage. Excludes expenses stopped during damage recovery. Excludes un-contracted expenses.

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GROSS ESTATE

Un-adjusted, under probate estate value; probate fees are a percentage of this value.

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GROSS INCOME

Production costs or cost of sales amount exceed by unadjusted, total sales revenue.

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GROSS INVESTMENT

Un-depreciated, total invested value of business assets. This more accurately presents actual financial commitment to an asset with potential return by the firm.

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GROOM OF THE STOLE

In England. An officer of the royal household, who has charge of the king’s wardrobe.

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GROOM PORTER

Formerly an officer belonging to the royal household. Jacob.

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GROSS LEASE

Lease type. The tenant. or lessee, is accountable only for a fixed fee or rent. The owner pays all other expenses, service fees, and taxes. Insurance, maintenance, and taxes are examples of expenses. Garbage collection, security, and utilities are examples of fees on a leased property. An operating lease is a gross lease whereas a capital lease is not. Also refer to net lease.

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