Gross salary,
Definition of Gross salary:
The total amount of wages usually paid weekly, bi-weekly or monthly from time to time before deductions such as federal and state taxes. A person's gross salary is one of the factors that lenders use to determine if a person receives a loan and can repay the funds.
How to use Gross salary in a sentence?
- The employee's total salary increases every year and makes the 10-year-old happy with his salary.
- John is happy with the total payment he is making, but he is disappointed with the large amount deducted for taxes and insurance.
- He wanted to know what the basketball star's total salary was and how much the players earned compared to him.
Meaning of Gross salary & Gross salary Definition