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glossary of terms
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Choose a letter:
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G
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gross indicates an amount from which certain items have yet to be deducted.
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gross interest interest on savings before any tax is taken off.
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gross profit in a business - the money you make from selling your goods and services less the cost of materials or making the goods.
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gross pay your pay before anything is taken away from it, like income tax and National Insurance Contributions.
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