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Also found in: Dictionary/thesaurus, Medical, Financial, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.26 sec. |
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The sum that remains following all permissible deductions, including charges, expenses, discounts, commissions, or taxes. Net assets, for example, are what remain after an individual subtracts the amount owed to creditors from his or her assets. Net pay is the salary an individual actually receives after deductions such as Income Tax and Social Security payments. net n., adj. the amount of money or value remaining after all costs, losses, taxes, depreciation of value, and other expenses and deductions have been paid and/or subtracted. Thus the term is used in net profit, net income, net loss, net worth, or net estate. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Numerous studies such as What Work Requires of Schools (Department of Labor, 1991), the Falling through the Net series (Department of Commerce, 1995, 1998, 1999, 2000), Building a Workforce for the Information Economy (National Academy, 2001), and "Preparing Future Technology Users" (Granger & Lippert, 1998) posit that computer skills are increasingly required to enter the workforce. Even as computers become more central to our society, minorities are falling through the Net. Irving initiated and was the principal author of the landmark federal study, Falling Through the Net, which tracked access to telecommunications and information technologies across racial, economic, and geographic lines. |
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