The contractual rate of interest without or before the deduction of any income tax liability. If interest is received gross the investor takes the responsibility for discharging any tax liability due to the Inland Revenue. However the interest will generally be paid net unless a registration form is completed to comply with Inland Revenue regulatio... Found on http://www.encyclo.co.uk/local/20194
Interest earned by deposits at banks and financial institutions, or on gilts etc. before... <a target=_blank href='http://www.finance-glossary.com/terms/gross-interest.htm?id=645&ginPtrCode=00000&PopupMode=false' title='Read full definition of gross interest'>more</a>
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