Receipts (Noun)
Meaning
The entire amount of income before any deductions are made.
Classification
Nouns denoting possession and transfer of possession.
Examples
- Her gross receipts for the quarter totaled $1 million before taxes and other expenses were deducted.
- The company's gross receipts increased by 25% from the previous year.
- As a freelancer, she has to keep track of all her gross receipts to accurately file her tax return.
- His gross receipts for the month exceeded his expectations due to the new product launch.
- The store's gross receipts have been declining since the economic downturn.