netsales
nounUK /ˈnet seɪlz/
US /ˈnet seɪlz/
Net sales are the money a shop keeps after taking away returns and discounts.
The toy store's net sales went up after the big holiday sale.
RELATED WORDS
OTHER MEANINGS
2. The total amount of money received from selling goods after all deductions are subtracted.
After subtracting returns, the company reported net sales of two million dollars.
3. A company's sales figure used in financial reports to show real earnings from selling products.
Investors looked at net sales to judge how well the business was doing.
4. The final sales amount left when allowances and rebates are removed from gross sales.
The manager compared gross sales with net sales to see how many discounts were given.