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Gross Amount

By Shelley Elmblad, About.com

Definition: An amount of money before deductions, usually used with salaries and wages.

Financial software such as Quicken and Microsoft Money will track your gross salary or gross wages for you.

Examples: The gross amount of my paycheck is $100, which is the full amount I am paid before it is reduced to a net amount of $72.56 after income tax and other deductions are taken out.
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