Glossary entry

Romanian term or phrase:

venit global

English translation:

general income

Added to glossary by corin
Jun 11, 2002 15:56
21 yrs ago
1 viewer *
Romanian term

venit global

Non-PRO Romanian to English Bus/Financial
Declaratie pe venit global
- echivalentul in UK si USA

Proposed translations

+5
13 mins
Selected

general income

Aceasta declaratie se numeste "Income Tax and Benefit Return" in Canada
Peer comment(s):

agree Daniela McKeeby : same in US
13 mins
agree Sarah Ponting
30 mins
agree Elvira Stoianov
1 hr
agree spencer
1 hr
agree Andrei Albu
17 hrs
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4 KudoZ points awarded for this answer.
11 hrs

Gross Income or Gross Profit according to the context of the translation.

Gross Income represents either the income of a person or organization before the deduction of the expenses incurred in earning, or income that is liable to tax but from which the tax has not been deducted.
We can also talk about Gross Profit, which represents total sales revenue of an organization, less the cost of the goods sold. The cost of the goods sold includes their purchase price and costs of bringing them to a state to be sold but not the costs of distribution, general administration, or finance costs.
To use either of the above is according to the context of the translation.
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