Rank | Abbreviation | Meaning |
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***** | GROSS PROFIT. | Net sales minus the cost of goods or services sold and before payment of taxes and operating expenses.
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**** | GROSS DOMESTIC PRODUCT. | The total value of the products and services a nation produces for its own use during a given time period, say one year.
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**** | GROSS SALES. | Total sales receipts before subtracting any expenses or deductions for returns or other post-sale adjustments.
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**** | GROSS NATIONAL PRODUCT. | The total value of the products and services a nation produces during a given time period, including exports.
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** | GROSS REGISTERED TONNAGE. | A measurement of the enclosed space in a ship. Port officials use it to calculate harbor dues.
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* | GROSS RECEIPTS MEAL TAX. | A tax on a restaurant’s total meal sales, as opposed to individual meals, often used to fund tourism related projects.
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