gross value (english) - meaning, definition, translation, pronunciation

Part of Speech

Noun

Phonetic Transcription

/groʊs ˈvæljuː/

Meaning and Usage

The term "gross value" refers to the total value of an asset, revenue, or other financial metrics before any deductions such as costs, taxes, or expenses have been taken into account. It is commonly used in finance, accounting, and economic analysis to represent the total worth of a particular item or the overall income generated by a business.

The frequency of use for "gross value" is moderate to high in written contexts, particularly in financial reports, academic articles, and business documentation. It is less frequently heard in everyday oral speech, although knowledgeable individuals in finance may use it in discussions.

Example Sentences

1. The gross value of the company's assets is estimated to be over $1 million.

2. (La valor total de los activos de la empresa se estima en más de un millón de dólares.)

3. After calculating the gross value, the accountant will determine the net profit by deducting expenses.

4. (Después de calcular el valor bruto, el contador determinará la ganancia neta deduciendo los gastos.)

5. The gross value of the merchandise sold figures prominently in the quarterly financial report.

6. (El valor bruto de la mercancía vendida figura de manera prominente en el informe financiero trimestral.)

Idiomatic Expressions

While "gross value" itself may not have idiomatic expressions associated with it, it often appears in financial contexts. Here are some expressions related to the concept of "gross":

1. Gross negligence – A severe lack of care that goes beyond simple inadvertence.

2. His gross negligence led to the accident. (Su negligencia gravemente culpable condujo al accidente.)

3. Gross profit – The income a company makes after deducting the costs associated with making and selling its products.

4. The gross profit increased after reducing production costs. (El beneficio bruto aumentó después de reducir los costos de producción.)

5. Gross exaggeration – An overstatement that is much larger or more significant than reality.

6. Her claim that she could run a marathon in under two hours was a gross exaggeration. (Su afirmación de que podía correr una maratón en menos de dos horas era una exageración enorme.)

Etymology

The term "gross" originates from the Latin word "grossus," meaning "thick" or "coarse." The term has evolved to denote something in overall or total form, while "value" comes from the Latin "valere," meaning "to be strong or worth." "Gross value" thus implies an overall worth without adjustments for costs or deductions.

Synonyms and Antonyms

Synonyms: - Total value - Aggregate value - Overall value

Antonyms: - Net value - Clear value - Deductible value

This comprehensive overview of "gross value" covers its meaning, usage, related idiomatic expressions, and more, providing a clear understanding of how the term fits within the English language.