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gross up
verb
- tr, adverb to increase (net income) to its pretax value
Example Sentences
All Blanche could conjure up was the mind-boggling insistence that Weisselbergâs written wordsââgross upâââwere a lie!â
But a defendantâs knowledge is almost always proved circumstantially; the elaborate scheme to âgross upâ and therefore disguise the $130,000 reimbursement to Cohen demonstrated a consciousness of guilt sufficient to prove knowledge of illegality.
Prosecutors have provided jurors with financial records - including checks drawn from Trumpâs own bank account signed by the former president himself, and handwritten notes outlining a plan to âgross upâ payments to Cohen to cover his taxes â allegedly linking Trump with the reimbursements to Cohen for the hush-money payments.
Those handwritten notes laid out that the Trump Organization was to pay Cohen $180,000 in reimbursementsâ$130,000 for the Stormy payment and $50,000 for another more legitimate reimbursementâthen double it to âgross upâ and âpay for taxes,â in addition to a $60,000 bonus for Cohen himself.
And although those extra payments to Cohen, specifically the âgross upâ for his taxes and the bonus, may make him sound like a generous boss, much of the previous testimony vividly illustrates that Trump is a cheapskate.
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