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Profit

The amount earned from an investment or operation after expenses are deducted. Gross profit, or gross income, refers to pre-tax net sales less cost of sales. Net profit, also includes the deduction of interest, taxes, depreciation and other expenses not associated with the cost of sales.

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  • Part of Speech: noun
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  • Blossary:
  • Industry/Domain: Software
  • Category: Supply chain
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  • Acronym-Abbreviation:
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