Gross vs. Net

Gross vs. Net — Is There a Difference?
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Difference Between Gross and Net

Gross vs. Net

Gross is the amount that you are earned or have to pay. The net, on the other hand, is the amount that you actually pay or earn in term of figures.

Gross vs. Net

The net is the amount that comes into being after some deductions.

Gross vs. Net

The amount of the gross is always greater than that of the net.

Grossadjective

Disgusting, nasty.

Netnoun

A mesh of string, cord or rope.

a net for the hair; a mosquito net; a tennis net

Grossadjective

Coarse, rude, vulgar, obscene, or impure.

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Netnoun

A device made from such mesh, used for catching fish, butterflies, etc.

Grossadjective

Coarse, unrefined.

Netnoun

A device made from such mesh, generally used for trapping something.

Grossadjective

Great, large, bulky, or fat.

Netnoun

Anything that has the appearance of such a device.

Petri net

Grossadjective

Great, serious, flagrant, or shameful.

a gross mistake;gross injustice;gross negligence
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Netnoun

(by extension) A trap.

caught in the prosecuting attorney's net

Grossadjective

The whole amount; entire; total before any deductions.

gross domestic product

Netnoun

(geometry) Of a polyhedron, any set of polygons joined edge to edge that, when folded along the edges between adjoining polygons so that the outer edges touch, form the polyhedron.

Grossadjective

Not sensitive in perception or feeling; dull; witless.

Netnoun

A system that interconnects a number of users, locations etc. allowing transport or communication between them.

a computer network; a road network; an electricity distribution network

Grossadjective

(pathology) Seen without a microscope, macroscopic, usually for a tissue or an organ.

Netnoun

(electronics) A conductor that interconnects two or more component terminals.

Grossnoun

Twelve dozen = 144.

Netnoun

(sports) A framework backed by a mesh, serving as the goal in hockey, soccer, lacrosse, etc.

The striker headed the ball into the net to make it 1-0.

Grossnoun

The total nominal earnings or amount, before taxes, expenses, exceptions or similar are deducted. That which remains after all deductions is called net.

Netnoun

A mesh stretched to divide the court in tennis, badminton, volleyball, etc.

Grossnoun

The bulk, the mass, the masses.

Netnoun

The area of the court close to the net (mesh stretched to divide the court).

Grossverb

To earn money, not including expenses.

The movie grossed three million on the first weekend.

Netnoun

The amount remaining after expenses are deducted; profit.

Grossnoun

twelve dozen

Netverb

(transitive) To catch by means of a net.

Grossnoun

the entire amount of income before any deductions are made

Netverb

To catch in a trap, or by stratagem.

Grossverb

earn before taxes, expenses, etc.

Netverb

To enclose or cover with a net.

to net a tree

Grossadjective

before any deductions;

gross income

Netverb

To score (a goal).

Evans netted the winner in the 80th minute.

Grossadjective

visible to the naked eye (especially of rocks and anatomical features)

Netverb

(tennis) To hit the ball into the net.

Grossadjective

of general aspects or broad distinctions;

the gross details of the structure appear reasonable

Netverb

To form network or netting; to knit.

Grossadjective

repellently fat;

a bald porcine old man

Netverb

(transitive) To receive as profit.

The company nets $30 on every sale.

Grossadjective

conspicuously and outrageously bad or reprehensible;

a crying shamean egregious lieflagrant violation of human rightsa glaring errorgross ineptitudegross injusticerank treachery

Netverb

(transitive) To yield as profit for.

The scam netted the criminals $30,000.

Grossadjective

without qualification; used informally as (often pejorative) intensifiers;

an arrant foola complete cowarda consummate foola double-dyed villaingross negligencea perfect idiotpure follywhat a sodding messstark staring mada thoroughgoing villainutter nonsense

Netverb

To fully hedge a position.

Every party is netting their position with a counter-party

Grossadjective

conspicuously and tastelessly indecent;

coarse languagea crude jokecrude behavioran earthy sense of humora revoltingly gross expletivea vulgar gesturefull of language so vulgar it should have been edited

Netadjective

(obsolete) Good, desirable; clean, decent, clear.

Netadjective

Free from extraneous substances; pure; unadulterated; neat.

net wine

Netadjective

Remaining after expenses or deductions.

net profit; net weight

Netadjective

Final; end.

net result; net conclusion

Netadverb

After expenses or deductions.

You'll have $5000 net.

Netnoun

a computer network consisting of a worldwide network of computer networks that use the TCP/IP network protocols to facilitate data transmission and exchange

Netnoun

a trap made of netting to catch fish or birds or insects

Netnoun

the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Netnoun

a goal lined with netting (as in soccer or hockey)

Netnoun

game equipment consisting of a strip of netting dividing the playing area in tennis or badminton

Netnoun

an open fabric of string or rope or wire woven together at regular intervals

Netverb

make as a net profit;

The company cleared $1 million

Netverb

yield as a net profit;

This sale netted me $1 million

Netverb

construct or form a web, as if by weaving

Netverb

catch with a net;

net a fish

Netadjective

remaining after all deductions;

net profit

Netadjective

conclusive in a process or progression;

the final answera last resortthe net result

Comparison Chart

GrossNet
The amount that you are earned or have to pay.It is the amount that you actually pay or earn in term of figures.
Relation
Always greater than netAlways less than gross
Factors
The term gross alludes to the aggregate sum made as a consequence of some movement.It is the obligation of the bosses that they are required to withhold government and state and local income taxes from every paycheck that results in the creation of net salaries.

Definition of Net

The money that workers get each paycheck is their net pay in reality and it is a matter of open reality that it is not exactly their aggregate compensation otherwise known as gross pay. It is the obligation of the bosses that they are required to withhold government and state and local income taxes from every paycheck that results in the creation of net salaries. This relies on the representative’s expense documenting status, charge section and the quantity of recompenses picked by the worker in the form of his or her employment. Net alludes to the sum left over after all findings are made. Once the net worth is accomplished, nothing further is subtracted. The net quality is not permitted to be made lower. Net pay is computed by subtracting costs, for example, SG&A (offering, general and managerial costs), interest installments and assessments from gross salary. In the setting of weight, net alludes to the heaviness of the real item (without the bundling).

Definition of Gross

The term gross alludes to the aggregate sum made as a consequence of some movement. It can allude to things, for example, complete benefit or aggregate sales. The income tax is applied to the gross salary in most of the situations. Gross wage is figured by subtracting the expense of merchandise sold from revenue. In the connection of weight, gross alludes to the heaviness of the item and the packaging. Therefore, the amount which needs further deductions is called gross. The amount of the gross is big from the net as a rule.

Conclusion

There are many forms of activities that can be carried out in the business industry or a company and the two terms that have been explained here are similar, people who want to carry out their businesses and the ones who want to explore the commerce side more will find this article really helpful and get to know the differences between them.