gross amount

USAGE SUMMARY

The phrase "gross amount" is correct and usable in written English.
It is commonly used to refer to the total amount of a sum of money to be paid or received before taxes, deductions, or other adjustments. For example: "The gross amount of the monthly rent is $1,500 before taxes and fees."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

48 human-written examples

This payment is net of tax – the gross amount is £6.25.

The Guardian - Money

This payment is net of income tax – the gross amount is £6.25.

The Guardian - Money

But this is the gross amount before taking into account letting fees, voids, maintenance and so on.

The Guardian - Money

Therefore, I have taken the decision to provide the full gross amount of payments without delay as requested by the committee".

The Guardian - Business

"A lot of these shows have made money, a gross amount of money in some cases," said one agent, who spoke on condition of anonymity.

The New York Times

The charity gets 28p, even though the basic rate is 22%, as it's calculated on the gross amount of your gift.

The Guardian

Human-verified similar examples from authoritative sources

Similar Expressions

12 human-written examples

What bothers me are the gross amounts," said Charles M. Elson, a corporate governance professor at the University of Delaware.

The New York Times

Sunday 13 January ,1980: Sees nuns pass his window; comments on the gross amounts of money some entertainers make.

The New Yorker

Several plays earned at least 50 percent of their maximum possible gross amounts, an indicator that each was in the black for the week.

The New York Times

It has a top-heavy management structure, without a single national pay scale for chief executives – many of whom are paid gross amounts of money as well as lavish pensions.

Independent

That would imply that the gross amounts collected by Apple are in the neighborhood of $17 billion dollars for iTunes music downloads.

Huffington Post

Expert writing Tips

Best practice

When discussing financial matters, clarify if you are referring to the "gross amount" or the net amount to avoid confusion. Always specify what deductions or adjustments are excluded from the gross amount.

Common error

A common mistake is using "gross amount" and net amount interchangeably. Always clarify which figure you're referring to, as the difference can be significant, especially in financial contexts.

Linguistic Context

The phrase "gross amount" functions primarily as a noun phrase, denoting a quantity or sum before deductions. As Ludwig AI confirms, it's widely used and understood, appearing in a variety of contexts.

Expression frequency: Very common

Frequent in

News & Media

35%

Science

30%

Formal & Business

20%

Less common in

Encyclopedias

5%

Wiki

5%

Reference

5%

Ludwig's WRAP-UP

The phrase "gross amount" is a commonly used and grammatically sound term referring to a total quantity prior to any deductions or subtractions. As Ludwig AI indicates, it finds frequent application in news, scientific, and business contexts. To ensure clarity, explicitly state what deductions are excluded. Alternatives like "total sum" or ""full amount"" may be suitable depending on the context. Remember, the key is to distinguish it clearly from the net amount to avoid confusion, ensuring your writing is precise and easily understood. By following these guidelines, you can confidently use the phrase "gross amount" in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Full amount

A more concise way of expressing the entirety of the sum.

Total sum

Focuses on the completeness of the amount, emphasizing the final figure.

Gross income

Specifically denotes income before any deductions or taxes.

Overall quantity

Highlights the comprehensive nature of the amount being considered.

Aggregate total

Implies a combined sum from multiple sources or components.

Full measure

Emphasizes the entirety of the amount, suggesting no reductions.

Complete figure

Stresses the inclusion of all relevant components in the amount.

Total revenue

Specifically refers to the total income before expenses.

Total proceeds

Refers to the total earnings or income from a specific event or activity.

Total value

Highlights the overall worth or monetary value.

FAQs

How does the "gross amount" differ from the net amount?

The "gross amount" is the total sum before any deductions, while the net amount is what remains after deductions such as taxes, fees, or other expenses. For example, "gross income" is your salary before taxes, and net income is what you take home.

What contexts commonly use the term "gross amount"?

The term "gross amount" is frequently used in financial reporting, accounting, and economic discussions to represent the total value or quantity before subtracting any deductions or expenses. Examples include "gross revenue", "gross profit", and "gross domestic product".

Can I use "total amount" instead of "gross amount"?

While "total amount" can sometimes be used as a substitute for "gross amount", it's essential to consider the context. "Gross amount" specifically implies the amount before deductions, whereas "total amount" might not always carry that connotation. Depending on the specific situation you may use words like "full amount", "total sum", or "overall quantity".

Why is it important to specify the "gross amount"?

Specifying the "gross amount" provides a complete picture of the initial value before any reductions. This is crucial for accurate financial analysis, budgeting, and understanding the overall scale of transactions or economic activities. It's useful to know the "gross amount" when estimating the "net income".