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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 ?
I have laid down a parliamentary motion and written repeatedly to ministers arguing the netters' should be a special case.
Cold nights leave you stiff and barely able to move your fingers, especially if you're a netter. Loud airboats are dangerous to one's hearing.
And as with the real world, so with the virtual one: women have found themselves 'stalked' electronically by netters who find out who they are from their signature on the net, follow them from group to group, or harass them through e-mail.
Meanwhile, some of the seeded netters who earned opening-round byes take center stage today, including boys 18-under top seed Jude Hidalgo, second-ranked Stefano Gurria, No.
"The commercial netters seem to be taking huge quantities, likely far more than being reported," said one Naples guide who asked not to be identified.
Alcantara expected the tie to be tough with Thailand's strong lineup composed of netters with Association of Tennis Professionals (ATP) rankings.
CTW will churn out tournaments across the country for junior netters to help the Philippine Tennis Association with its grassroots program.
"The commercial cast netters are ruining the mullet populations with the spawners' roe being sold to the Asian market.
The AUSTC, which will serve as SEA Games test event, will give the country's top netters the opportunity to test their own strengths and equally pit their respective skills against the best players from China, Japan, Mongolia, Nepal, Democratic People's Republic of Korea, South Korea, Chinese Taipei, Thailand, Cambodia, Malaysia, Indonesia and Laos.
Filipino-Japanese Rizumu Ono cemented her status as one of the country's top junior table netters after winning the women's title of a high-caliber tournament recently.