net sales proceeds

Definition

The income from the sale of an asset, or part of an asset, minus brokerage commissions, closing costs, and market expenses.

Use net sales proceeds in a sentence

You should always try to make sure you are getting the most net sales proceeds as you can from the product.

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The net sales proceeds were greatly appreciated as the business did not have many liquid positions on its positions in investments.

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After accounting for liabilities, sales commissions and other expenses, ABC Company's net sales proceeds were upwards of a million dollars.

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