Definition:Net (Accounting)

This page is about net in the context of accounting. For other uses, see net.

Definition

Net means what is left after deductions.

Net Profit

Net profit is profit after subtracting the operating costs.

Net Weight

The net weight of an object is the weight remaining after subtracting the tare for the weight of whatever wrapper, container or shipping means in which the object is contained when its weight is measured.

Also see

• Definition:Gross (Accounting)

• Results about net in the context of accounting can be found here.

Sources

• 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): net: 1.
• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): net: 1.