Glossary > Accounting > net
net
adjective

referring to a price, weight, pay, etc., after all deductions have been made

verb

to make a true profit

Example

to net a profit of £10,000

(Note netting - netted)

"...out of its earnings a company will pay a dividend. When shareholders receive this it will be net, that is it will have had tax deducted at 30 per cent" [Investors Chronicle]

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