gross receipts
nounUK /ɡrəʊs rɪˈsiːts/
US /ɡroʊs rɪˈsiːts/
All the money a business gets from selling things before any costs are taken out.
The lemonade stand had gross receipts of fifty dollars, but they spent twenty on lemons.
RELATED WORDS
OTHER MEANINGS
2. The full amount of money received before taxes or deductions are subtracted.
The company reported gross receipts of two million dollars for the year.
3. In accounting, the total money taken in from all sources during a period.
Gross receipts include both cash and credit card payments.
4. Money collected by a business that is counted before any expenses are paid.
The shop's gross receipts rose during the holiday season.