Full Definition of SITE. 1. a: the spatial location of an actual or planned structure or set of structures (as a building, town, or monuments) b: a space of ground occupied or to be occupied by a building. 2. See site defined for English-language learners. See site defined for kids. ADVERTISEMENT.
Annual gross income is the amount of money you earn annually before any deductions take effect. Since deductions can vary from month to month, annual gross income is a more reliable figure for lenders to utilize.
A company's retained earnings up to the most recent recording period and its ownership equity should appear on the current balance sheet, while its net income should appear on a current income statement.