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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 ?
Morris has just published a new paper: Carbohydrate Economy, Biofuels and the Net Energy Debate (on-line at: which looks at the comparative data that underlies the ethanol debate.
What's important, then, is where net energy trends are headed.
A combination of booming domestic production fulfilling a greater proportion of consumption and soaring exports from brand-new LNG export terminals and the lifting of the ban on crude oil exports in December 2015 puts the United States on a path to becoming a net energy exporter for the first time since the 1950s.
Development of a new net energy formula by CVB, using the database of INRA.
Animals were distributed in a randomized block design with a 5x3 factorial arrangement, comprising five levels of net energy (2,300; 2,425; 2,550; 2,675; and 2,800Kcal [kg.sup.-1] of diet) and three levels of ractopamine (5, 10, and 20ppm [kg.sup.-1] of diet), with five replicates, and two animals per experimental unit.
net energy imports, including all fuels, are expected to decline and then end by 2030, according to the Annual Energy Outlook 2015, a report by the U.S.
Meanwhile, burgeoning population growth in the Middle East, combined with higher living standards expectations, could see Saudi Arabia become a net energy importer by 2030.
Department of Energy's goal of making zero net energy homes.
GTI plans to expand its capabilities in the residential sector, including energy modeling, monitoring and verification, emerging technologies, standards development, and zero net energy and sustainability program support, the company said.
She learned during her visit that a state-of-the-art, Zero Net Energy, science and technology building was under construction at the heart of the Fall River Campus.
The Middle East will remain the largest net energy exporter, but its share will fall from 46 per cent in 2013 to 36 per cent in 2035.