net income
Definition 1
In business, what remains after subtracting all the costs (namely, business, depreciation, interest, and taxes) from a company's revenues. Net income is sometimes called the bottom line. also called earnings or net profit.
Definition 2
For an individual, gross income minus taxes, allowances, and deductions. An individual's net income is used to determine how much income tax is owed.
In business, what remains after subtracting all the costs (namely, business, depreciation, interest, and taxes) from a company's revenues. Net income is sometimes called the bottom line. also called earnings or net profit.
Definition 2
For an individual, gross income minus taxes, allowances, and deductions. An individual's net income is used to determine how much income tax is owed.
Related Terms
Related Terms on BusinessDictionary
indirect method cash flow statement
profitability ratios
key ratios
cash flows from operating activities
direct method cash flow statement
net income margin
operating performance ratio
final accounts
return on investment (ROI)
income summary account
return on sales (ROS)
influence diagram
statement of sources and application of funds
integrated pricing
noncash item
matching principle
cash receipts and disbursements approach
theory of constraints (TOC)
net income to working capital ratio
contribution analysis
contribution pricing
debt service coverage
dividend capitalization model
earnings per share (EPS)
post tax debt-service coverage
adjusted net income approach
after tax return on assets
prudence concept
gross domestic product (GDP)
gross receipts tax
cash budget
profitability ratios
key ratios
cash flows from operating activities
direct method cash flow statement
net income margin
operating performance ratio
final accounts
return on investment (ROI)
income summary account
return on sales (ROS)
influence diagram
statement of sources and application of funds
integrated pricing
noncash item
matching principle
cash receipts and disbursements approach
theory of constraints (TOC)
net income to working capital ratio
contribution analysis
contribution pricing
debt service coverage
dividend capitalization model
earnings per share (EPS)
post tax debt-service coverage
adjusted net income approach
after tax return on assets
prudence concept
gross domestic product (GDP)
gross receipts tax
cash budget
statement of retained earnings
income approach
building residual method
residual income
capital account
net margin
net profit margin
net return
operating activities
economic benefit
purchase acquisition
return on equity (ROE)
appropriation
net earnings
financial ratios
cash flow statement
operating cash flow
profitability
financial statement
contribution
income approach
building residual method
residual income
capital account
net margin
net profit margin
net return
operating activities
economic benefit
purchase acquisition
return on equity (ROE)
appropriation
net earnings
financial ratios
cash flow statement
operating cash flow
profitability
financial statement
contribution
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