Gross Earnings

Gross earnings are the total income that an individual, household, or business has made during a certain period of time. Gross earnings for people and households are the sum of money received before any deductions for taxes or other adjustments. In the business world, it's a matter of accounting convention that refers to a public company's gross profit, or the amount remaining from total revenues for a given time period after deducting cost of goods sold (COGS).