Net vs. gross

NET VS. GROSS: I wasn't exactly sure what net and gross meant, so I looked it up.

Net refers to the amount remaining after certain adjustments have been made for debts, deductions or expenses. Gross income is the pre-tax net sales minus cost of sales.

That leaves me more confused than ever.

Here's another explanation: Gross refers to the whole of something, while net refers to a part of a whole following some sort of deduction.

That's closer to what I've heard in the past.

EMAIL: tgilli52@gmail.com  TWITTER: EDITORatWORK

More blog entries by Tom Gillispie

• Resume for a writer and editor

• An editor's views on powerful writing

• Advice for be and would-be novelists

• Links to TG's stories online

• Favorite quotes

• What I do when I'm editing

Anecdotes by Tom Gillispie

• Good Samaritan

• The PRESS cap and my friend Mike

• Watching TV

• No luck with Billy Sims

• Wipeout at Death Valley

• Days with rainbows

• A desperate writer working in the dark

• Yer outta there!

EDITOR@WORK blog entries

• You really DO need an editor

• Reminders for would-be novelists

• What I do when I'm editing

• What I charge (it's a deal) and what I edit

• Slogging through the Internet

• J-school: More eyes on your stories

• J-school: Go out and learn

• Rookie mistakes for magazine writers

Entries from The Dog Blog

• Katie cried

• Growl and pull

• ... said the spider to ...

• The Dog Diary (2015)

• The Dog Diary (2014)

• 13-plus years with my dog Lady

• OOH! OOH! The stereophonic huskies

• What Lady and Michael Jackson had in common

Blog entries from The Auto Racing Journal

• Angel in Black: Remembering Dale Earnhardt Sr.

(a book of great stories about the Intimidator)

• Then Junior Said to Jeff...

(the book of great NASCAR stories)

• My best day as a sports writer

• Jeff Gordon's milk toast to Dale Earnhardt

•Wayne Auton: A life in racing