What does it mean word for word?
The term is composed of ingresos, meaning income or revenues and brutos, meaning gross or unrefined.
Which one should you use?
While ingresos brutos is the standard way to express the concept, the singular ingreso bruto can be used when referring to a single specific stream of income. To express 'net income' (income after expenses or taxes), use ingresos netos instead of ingresos brutos.
Is it said differently in some regions?
In Latin American countries, Renta Bruta is a common way to describe gross income. In Mexico, you may use the phrase ingreso antes de impuestos to specifically indicate gross income before taxes. In Chile, the terms sueldo bruto or remuneración bruta are used to express gross income.
How does it change in a sentence?
The plural form ingresos brutos is typically used when discussing total revenues, whereas the singular ingreso bruto is used for a single specific source of income.
How do you pronounce it?
/inɡɾesos bɾutos/
Did you know?
- The word bruto in ingresos brutos originally referred to an unrefined object, such as an uncut gemstone. In finance, it describes money that has not yet been 'refined' by taxes.
- The word netos used for 'net income' comes from a Latin root meaning 'clean', creating a metaphorical distinction between 'raw' gross income and 'clean' net income.
- The word brutos shares the same root as the Spanish word for 'rude' or 'coarse'.
Examples in context
- Mis ganancias brutas mensuales superaron las expectativas.My monthly gross earnings exceeded expectations.
- Mi ingreso bruto antes de impuestos es de $60,000 al año.My gross income before taxes is $60,000 a year.
- El informe financiero debe incluir el ingreso bruto anual de la empresa.The financial report should include the company's annual gross income.
- El mes pasado tuve una ganancia bruta de $2,000 vendiendo productos en línea.Last month, I had a gross income of $2,000 selling products online.
- Los ingresos brutos aumentaron este año.The gross income increased this year.
- Necesitamos calcular los ingresos brutos de la empresa.We need to calculate the company's gross income.
- No confundas los ingresos brutos con el beneficio neto.Do not confuse gross income with net profit.
Example conversation
Sofía and Alejandro are discussing the quarterly financial report at the office.
- Sofía¿Cuáles fueron los ingresos brutos del primer trimestre?What was the gross income for the first quarter?
- AlejandroFueron de cincuenta mil euros, Sofía.They were fifty thousand euros, Sofía.
- SofíaEs una cifra muy buena para nosotros.That is a very good figure for us.
- AlejandroSí, pero aún debemos restar los gastos.Yes, but we still have to subtract the expenses.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
