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词汇 Gross up
分类 英语词汇 英语翻译词典
释义

Gross up

英语百科

Gross-up clause

(重定向自Gross up)

A gross-up clause is a provision in a contract which provides that all payments must be made in the full amount, free of any deductions or withholdings, and without exercising any right of set-off. The provision will usually indicate that if there is a mandatory withholding or deduction by operation of law (usually with respect to tax), then the paying party shall "gross up" the payment so that the receiving party receives the same net amount.

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