net income
net income n: the balance of gross income remaining after all allowable deductions and exemptions are taken

Merriam-Webster’s Dictionary of Law. . 1996.

net income
Gross income minus allowed business expenses.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Personal Finance & Retirement → Taxes → Tax Audits

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Net income — For personal income net of taxes, see disposable income. Bottom line redirects here. For other uses, see Bottom line (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · …   Wikipedia

  • Net income — The company s total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses. The New York Times Financial Glossary * * * net income net income ➔ income * * * net income UK US noun [U]… …   Financial and business terms

  • net income — The company s total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses. Bloomberg Financial Dictionary * * * net income net income ➔ income * * * net income UK US noun [U]… …   Financial and business terms

  • net income — /net ɪnkʌm/ noun a person’s income which is left after taking away tax and other deductions …   Dictionary of banking and finance

  • net income — Income by way of earnings, interest, or rent after the payment of taxes, insurance, expenses of maintenance and repairs, etc. Anno: 128 ALR 234. See taxable income …   Ballentine's law dictionary

  • net income — Synonyms and related words: avails, base pay, box office, commissions, compensation, credit, credits, dismissal wage, disposable income, dividend, dividends, earned income, earnings, escalator clause, escalator plan, financial remuneration, gains …   Moby Thesaurus

  • net income — noun the excess of revenues over outlays in a given period of time (including depreciation and other non cash expenses) • Syn: ↑net, ↑net profit, ↑lucre, ↑profit, ↑profits, ↑earnings • Derivationally related forms: ↑profiteer …   Useful english dictionary

  • Net income —   Operating income plus other income and extraordinary income less operating expenses, taxes, interest charges, other deductions, and extraordinary deductions.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

  • net income — tax free income, income remaining after taxes and other payments are deducted …   English contemporary dictionary

  • net income — 1) The income of a person or organization after the deduction of the appropriate expenses incurred in earning it. 2) Gross income from which tax has been deducted …   Big dictionary of business and management

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