Definitions (3)

1. The amount remaining after certain adjustments have been made for debts, deductions or expenses.
2. The proceeds from the sale of an investment minus the purchase price, including commissions and other expenses.
3. Term used on an invoice to indicate that the full amount is payable.

For more information, see Net vs Gross.

Use net in a sentence

After taking away all of the necessary reductions and taxes, I took home my net income pay check.

​ Was this Helpful? YES  NO 10 out of 10 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
on balance contra asset account