net income

noun

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

Dictionary Entries Near net income

net asset value

net income

net lease

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Cite this Entry

“Net income.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/net%20income. Accessed 21 Nov. 2024.

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