English version

gross return

From Longman Business Dictionarygross returnˌgross reˈturn [countable, uncountable]ACCOUNTINGFINANCETAX the amount an investment produces before tax is taken offInterest is taxable, so the bond’s 7% gross return would be worth 5.6% or 4.2%, depending on the tax rate. return
Pictures of the day
What are these?
Click on the pictures to check.