: 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.
Definition 1. Also known as earnings or profit, net income is what it''s really all about: making money. Thus, net income is probably the most closely watched item in a company''s financial reports. Unfortunately, net income is subject to a good many judgments by both corporate managers and accountants, as well as various charges that exist largely on paper.