Product or service invoiced value prior to any discounting. A value in accounting principles.

Total revenue minus total cost of goods or services sold. This includes all production, marketing, and distribution costs.

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

Using historical gross profit percentages to estimate ending inventory.

Weekly advertising schedule’s rating points tally. Can be tallied for longer periods. The tally can represent the percent of targeted households reached once per week, or the percentage of them reached 100

Total amount of monies taken in from sales, asset interest, and any rents, minus monies taken in from the sale of assets or an employee withholding tax. Typically done before deducting expenses.

Accounting procedure. Posting cash discounts on purchases against a journal entry’s full invoice amount. Recording the discount can treat it as non-revenue if deducted from the original debited amount or as revenue

Monthly rent including an estimated utility cost. Basic charge to occupy a premise . This is the monthly amount paid by the renting party to the owner (or another third party).

Money one actually paid to buy products and/or services … no discounts. Also known as raw sales income.

Un-adjusted by deductions, total aggregate employee wage amount. Pay can occur weekly, biweekly, or monthly. Value before federal and state taxes are deducted. This value is one factor creditors use to base

Un-adjusted, total sales invoice value. Un-adjusted means prior to deducting discounts or returns, or miscellaneous adjustments.

The term for gross income in the securities industry. The difference of investor’s purchase cost and issuer’s sale . Underwriter’s fee, issue manager’s fee, and security selling firm discount are all items

1. Another name for long ton (2240 pounds). 2. Another name for register ton (100 cubic feet or 2.832 cubic meters).

Another name for gross registered tonnage (Refer to tonnage).

Adding deductions to a net amount owned by a receiver. This could include taxes.

1. In Air transport, this the total weigh of aircraft, fuel, crew, passengers, and cargo, everything flying. 2. In Rail and road transport, this is the total weight vehicle, goods, and fuel,

The total amount promised by the deceased to a beneficiary. Since a gift tax can reduces the promised value, there is a practice of adding an amount back into the deflated value

Where a ground wire is connected to earth as the neutral service wire as a part in an electrical service panel.

Airplane insurance covering its body on the ground. ‘Not in flight’ or ‘not in motion’ are the dangers listed .’ A taxiing airplane is also covered by ‘Not in flight’ coverage.

Beginning period with lowest expense and highest gain of a new venture or investment opportunity.