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Definitions from the Web

Semi Gross

Description:

Semi Gross refers to a term primarily used in the field of accounting to describe a financial amount that is halfway between the gross amount and the net amount. It signifies a partial deduction of expenses or taxes.

Example Sentences:

• 1. The company earned a revenue of $100,000, but after deducting the production costs, they ended up with a semi gross of $75,000.
• 2. The semi gross income before tax deductions must be reported on the annual financial statement.
• 3. By analyzing the semi gross profit margin, the management can identify areas of cost reduction and efficiency improvement.

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