The difference between net sales and the cost of goods sold(noun)
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Use "gross profit" in a sentence
"Remember that the prebreak gross profit participant only receives his or her participation with respect to adjusted gross receipts after cash breakeven."
"In 1982 Merban and its joint venture with Crédit Lyonnais each expected to earn close to $1.5 million gross profit from its operations in Eastern Euope."
"After deducting the studio’s actual out-of-pocket costs and the additional deductions or imputed costs, at the point at which the studio breaks even, it reports a net unrecouped amount of $49 million to the prebreak gross profit participant."