net income

noun

: the balance of gross income remaining after all allowable deductions and exemptions are taken

Dictionary Entries Near net income

Cite this Entry

“Net income.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/net%20income. Accessed 22 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!