Reach all 20,000+ investors by posting a funding request.
Post a RequestGross Profit Definition
Gross profit – n : finance/accounting term; equal
to the selling price minus the cost of goods sold (COGS); the same as gross
margin, but expressed in absolute dollars as opposed to as a percentage of revenue.
(see examples under gross margin)
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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