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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


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.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
References in periodicals archive ?
Easibet Dot Net (8-1) responded gamely to Fergal Lynch's driving to hold off Bright Sun and Rare Coincidence in the Bull Handicap.
Makin was excellent on the sometimes exasperating Easibet Dot Net in the 2m 1/2 f handicap, giving the grey time to recover from a tardy start before winding him up on the home turn and producing him with a strong late run to score from Estate.
Hamilton: 2.05 Rainbow Iris, 2.40 Merlins Profit, 3.15 Yenaled, 4.25 Aahgowangowan, 5.00 Awesome Love, 5.30 Easibet Dot Net.
Our horsebox is back down atWolverhampton tonight where we run Arogant Prince (7.00) and Easibet Dot Net (8.00).
To arrange a book signing or interview, contact Linda Nelson at (603) 878-2121 or email Linda at lnelson_547at comcast dot net.
IAN SEMPLE saw his luck change in the opening apprentice contest when Easibet Dot Net made all the running under Wayne Hogg, who received a caution for using his whip above shoulder height.
It was nice to have a double at Wolverhampton last weekend with Peters Choice and Easibet Dot Net.
The stewards banned him for excessive use of the whip on Easibet Dot Net, runner-up in the Bet Direct Freephone Stakes.