Definitions
In plain terms
Gross tells you what the selected assets and distributions produced before the deductions named by the methodology.
Technical
The term is incomplete without a deduction boundary: an index may be gross of withholding tax but still reflect corporate-action, FX, or other methodology adjustments.
Scope
Gross does not always mean before every possible cost or tax.
Examples
- A governed calculation records gross return with its exact basis, effective time, source, and units.
Common misconceptions
- Gross Return does not have one universal treatment without the applicable methodology, event terms, and data context.
Concept relationships
Contrasts with
Required by
Where this concept is used
Evidence and governance
- S&P Dow Jones Indices Index Mathematics Methodology S&P Dow Jones Indices · first party methodology
Supports: preferred label, short definition, technical definition
Limits: Authoritative for the provider's indices; conventions are not universal defaults for every index or security-level return series.
- Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract
Supports: variant distinction
Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.
- Reviewed by
- fintech-builder-owner-approved
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- published