LexBrew
Usage Entry 1106 / 1350 60-second read

Gross vs. Net

Total before deductions versus amount remaining after deductions.

The comparisoni

✗ Wrong

Her net salary, before taxes, is $60,000.

✓ Correct

Her gross salary, before taxes, is $60,000.

The ruleii

GROSS = before. NET = after.

GROSS is the total before any deductions (gross pay, gross revenue). NET is what remains after deductions (net pay, net profit). Payroll and tax language turn on this.

Memory aidiii

Remember it like this

Gross = Greater. Net = what's lef (N)ecessarily smaller.

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