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gross weight.See WEIGHT. [Blacks Law 8th]

gross up,vb. Slang. Tax. To add back to a decedent’s gross estate the gift taxes paid by the decedent or the de-cedent’s estate on gifts made by the decedent or the decedent’s spouse during the three-year period preceding the decedent’s death. IRC (26 USCA) § 2035. [Cases: Internal Revenue 4159(2). C.J.S. Internal Revenue § 514.]…

gross spread.See SPREAD(4). [Blacks Law 8th]

gross sales.See SALE. [Blacks Law 8th]

gross-rent multiplier.The ratio between the market value of rent-producing property and its annual gross rental income. • The gross-rent multiplier is used as a method to estimate a property’s market value. — Abbr. GRM. — Also termed gross-income multiplier. [Blacks Law 8th]

gross-receipts tax.See TAX. [Blacks Law 8th]

gross receipts.Tax. The total amount of money or other consideration received by a business taxpayer for goods sold or services performed in a year, before deductions. IRC (26 USCA)§ 448; 26 CFR § 1.448-1T(f)(2)(iv). [Blacks Law 8th]

gross profit.See PROFIT(1).[Blacks Law 8th]

gross premium.See PREMIUM(1). [Blacks Law 8th]

gross negligence.See NEGLIGENCE. [Blacks Law 8th]