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 Glossary   >   G   >   "Gross interest" Definition   

        Gross interest

Interest earned before taxes are deducted.

Interest earned by deposits at banks and financial institutions, or on gilts etc. before deduction of tax.Interest charged on bank loans etc before any tax relief is taken into account.

Gross interest


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Gross interest - Interest earned before taxes are deducted.

Interest earned by deposits at banks and financial institutions, or on gilts etc. before deduction of tax.Interest charged on bank loans etc before any tax relief is taken into account.


Gross interest : interest earned before taxes are deducted.

interest earned by deposits at banks and financial institutions, or on gilts etc. before deduction of tax.interest charged on bank loans etc before any tax relief is taken into account.