Define: Gross Family Income
Gross Family Income means the total pre-tax income, from all sources, earned or anticipated by all family members
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Gross Family Income means the total pre-tax income, from all sources, earned or anticipated by all family members.
Relevant Circumstances
- Applying for a mortgage or personal loan
- Signing a lease or rental agreement
- Determining eligibility for financial aid or scholarships
- Calculating child support or alimony payments