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A
B
C
D
E
F
G
H
I
J
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P
Q
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Letter G
Gross Profit
Gross profit profit of a company before allowing for the expenses of running the
business.
This is not a reliable measure of a company's ability to provide income, as not
all of the gross profit will be available to the owners for distribution.
See also net profit the income of a company or self employed business after
making full allowance for the expenses of running the business (and, in the case
of a limited company, corporation tax.) This should be the amount available to
the owners of the business for their own benefit and consequently is the figure
that can be used to calculate their ability to service a mortgage.
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