: a machine or container that is used for burning garbage, waste, etc. a machine or container that is used for burning garbage, waste, etc.
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.
Use this net worth calculator to show where you stand financially. Net worth is defined as the total of your assets (everything you own) minus your liabilities (everything you owe). Whereas an income and expense statement shows your cash flows, the net worth statement or balance sheet shows your assets.he next step to calculating net worth is to subtract your liabilities from the total assets calculated above. Liabilities are defined as everything you owe. Include all debts such as your mortgage, auto loan, and credit card balances.