net income
nounUK /ˌnet ˈɪnkʌm/
US /ˌnet ˈɪnkʌm/
Net income is the money you have left after you pay all your costs.
After paying for supplies, the lemonade stand's net income was twenty dollars.
RELATED WORDS
OTHER MEANINGS
2. In business accounting, the final profit remaining after all operating expenses, taxes, and costs are subtracted from total revenue.
The company reported a net income of two million dollars for the quarter.
3. The amount of money a person keeps after taxes and deductions are taken from their paycheck.
Her net income is lower than her salary because of taxes and insurance.
4. The total earnings of a business or individual used to measure financial success over a period.
Investors look at net income to judge how well the company is doing.