what does net mean in money terms
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- Net is the final figure after you've taken expenses off. For instance net wages is wages after tax and other deductions. Net interest is after tax is taken off. Net profit is gross profit after overheads have been deducted.
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- For example, net income for a business is the income made after all expenses, overheads, taxes, and interest payments are deducted from the gross income. Similarly, gross weight refers to the total weight of goods and its packaging, with net weight referring only to the weight of the goods.his type of lease is called a gross lease. A net lease is one where the tenant is only required to pay the rent. But there are other types of net lease that entail more costs: 1  single net lease: tenant pays rent and property taxes. 2  double net lease: tenant pays rent, property taxes and insurance.
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"What Does ""net Pay"" Mean?" What does net pay mean? A: Net pay is the amount of a person's paycheck left over after any deductions are taken out. This commonly includes federal and state tax withholding, Social... Full Answer >
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- Gross income is the total amount of money you earned, before taxes and any benefits are paid for. Net income is the amount of money you actually received on your paycheck afte…r taxes and any benefits you contribute toward are taken out.
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"What does it mean when someone says ""net-net""?" This may have some secondary meanings, but the original meaning comes from finance. A net-net lease is a lease where the tenant has to pay for certain expenses.The lease payment is net (no deductions) to the landlord.I'm pretty sure the first net always refers to utilities. The second net usually refers to maintenance. Sometimes a third net refers to property taxes. Whichever net applies, the tenant, not the landlord, has to pay that expense.he lease payment is net (no deductions) to the landlord. I'm pretty sure the first net always refers to utilities. The second net usually refers to maintenance. Sometimes a third net refers to property taxes. Whichever net applies, the tenant, not the landlord, has to pay that expense.
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What is 'Net Worth' Net worth is the amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. A consistent increase in net worth indicates good financial health; conversely, net worth may be depleted by annual operating losses or a substantial decrease in asset values relative to liabilities.
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What is 'Net Income - NI' DEFINITION of 'Net Income-NI'. 1. A company's total earnings (or profit). Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.This number is found on a company's income statement and is an important measure of how profitable the company is over a period of time.et income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses. This number is found on a company's income statement and is an important measure of how profitable the company is over a period of time.
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What does a celebrity's net worth mean? Net Worth. An individual or company's assets minus liabilities, in which assets exceed liabilities. For example, if a company has $3 million in assets and $1 million in debt and other liabilities, it has a net worth of $2 million. The term may apply to companies or individuals, but is often used colloquially to refer to wealthy individuals.
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- In the case of a can of peas, Net is the weight of the peas themselves...Gross is the weight of the peas, the fluid and the can itself. Gross is always the weight including pa … cking...Net is the actuial weight of the article itself.Gross can also refer to your income. Gross income is the total amount you made.n the case of a can of peas, Net is the weight of the peas themselves...Gross is the weight of the peas, the fluid and the can itself. Gross is always the weight including pa … cking...Net is the actuial weight of the article itself.
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- The term gross refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales. Net (or Nett) refers to the amount left over after all deductions are made. Once the net value is attained, nothing further is subtracted.his type of lease is called a gross lease. A net lease is one where the tenant is only required to pay the rent. But there are other types of net lease that entail more costs: 1  single net lease: tenant pays rent and property taxes. 2  double net lease: tenant pays rent, property taxes and insurance.
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- As a general rule, gross means all of something. Gross income refers to an individual's entire income from all sources -- wages, self-employment, bonuses, dividends, etc. Net income is the number that matters for tax purposes, and refers to your income after adjustments, deductions, and credits are subtracted from your gross income. However, there's a little more to it than that.
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What is NET CASH BALANCE? Money total in a financial account. Calculate as: all deposits to the initial deposit tallied minus all disbursements and payments made. If money is available, net cash balance is positive. If the account has been overdrawn, net cash balance is negative.
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- net monetary assets. Definition. The total number of assets and liabilities as set by a contractual agreement between the buyer and the seller of the asset in question. For example, if Johnny has $20 from raking leaves, but he has to pay off his sister $10 for doing his share of the dishes all week, his net monetary asset is $10.
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net The definition of net is the amount left over after certain adjustments have been made. An example of net is the amount of your paycheck after taxes have been taken out. noun
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What's the Wow6432Node under the HKEY_LOCAL_MACHINE\SOFTWARE registry subkey? A. The Wow6432 registry entry indicates that you're running a 64-bit version of Windows. The figure below shows the structure under Wow6432Node that 32-bit applications will see. A registry reflector copies certain values between the 32-bit and 64-bit registry views (e.g., mainly for COM registration) and resolves any conflicts using a last-writer-wins approach.
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net price net price. Definition. The price of a good or service after rebates, discounts, or other factors have been taken into account. The net price is sometimes distinguished from the original purchase price, which may be used to express the value of the good or service for purposes of accounting or record-keeping.
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Financial Literacy Terms See net income. Profit, which is also called net income or earnings, is the money a business has left after it pays its operating expenses, taxes, and other current bills.
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Difference between Gross and Net Definition of Gross. Gross is the total amount exclusive of deductions. For example, gross pay, is the total pay before tax deductions; Definition of Net. Net is the total amount received after subtracting deductions from the gross amount; Difference between gross and net interest rates. Gross interest rate is the headline interest advertised by a bank
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Netting This page is about the finance term. For the fabric called netting see Net (textile). In general, netting means to allow a positive and a negative value to set-off and partially or entirely cancel each other out.In the context of credit risk, there are at least three specific types of netting:n general, netting means to allow a positive and a negative value to set-off and partially or entirely cancel each other out. In the context of credit risk, there are at least three specific types of netting:
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- DEFINITION of 'Net Income-NI'. 1. A company's total earnings (or profit). Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.This number is found on a company's income statement and is an important measure of how profitable the company is over a period of time.REAKING DOWN 'Net Income-NI'. 1. Net income is calculated by starting with a company's total revenue. From this, the cost of sales, along with any other expenses that the company incurred during the period, is removed to reach earnings before tax. Tax is deducted from this amount to reach the net income number.
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net debt net debt. Definition. A standard for analyzing the degree of debt held by a company. This takes into account not just the total amount of debt that a company owes, but how much debt it has in relation to its assets.
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Netting This page is about the finance term. For the fabric called netting see Net (textile). In general, netting means to allow a positive and a negative value to set-off and partially or entirely cancel each other out. In the context of credit risk, there are at least three specific types of netting:
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Net profit Net profit. Net profit, also referred to as the bottom line, net income, or net earnings is a measure of the profitability of a venture after accounting for all costs. It is the actual profit without inclusion of working expense in the calculation of gross profit.
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What is the difference between gross and net? Gross and Net Gross refers to the total and Net refers to the part of the total that really matters. Gross vs Net Income In accounting, for a P&L.
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- Net Profit. Net profit, or net income, is a company&#039;s total earnings after subtracting all its expenses from its total sales and other income for a specific period of time. Typically, net profit is measured on a quarterly or annual basis.
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Gross vs Net â Whatâs the Difference? Gross refers to the total amount before anything is deducted. Many important accounting statistics use this method, such as gross earnings and gross profit. Net refers to the amount remaining after certain adjustments have been made for debts, deductions or expenses.