gross salary

  

Definition

Aggregate amount of wages received on a regular basis, usually weekly, bi-weekly, or monthly prior to any deductions such a federal and state taxes. An individual's gross salary is one factor that is used by creditors to determine if credit will be extended to the individual and his/her ability to repay the funds.

Use gross salary in a sentence

  • The gross salary of the employee was increasing every year which made the 10 year employee happy with his wages.

    Was this Helpful?   (25)   (0)
  • John was happy with the gross salary he earned, but he was disappointed with the large amount of money that was deducted for taxes and insurance.

    Was this Helpful?   (25)   (0)
  • I wanted to find out the gross salary of the basketball star and I also wanted to know how much the women's players made in comparison.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/gross-salary.html

Have a question about gross salary? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z