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.
 Cite this definition
'net income
' appears in the definitions of these terms on BusinessDictionary.comprofitability ratios, indirect method cash flow statement, key ratios, cash flows from operating activities, direct method cash flow statement, and 
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