Lexic.us

Definition of Net income

1. Noun. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).

Definition of Net income

1. Noun. Gross profit minus operating expenses and taxes. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Net Income

Literary usage of Net income

Below you will find example usage of this term as found in modern and/or classical literature:

1. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1918)
"*[1,2] The provisions of the act, so far as material to be noticed, are the following: That there is assessed "upon the entire net income arising or ..."

2. Federal Income Tax, War-profits and Excess-profits Taxes: Including Stamp by George Edwin Holmes (1920)
"The tax on the remaining portion of its net income is computed in the following manner: The tax is first computed on the entire net income but only such ..."

3. Annual Report by New York (State). State Tax Commission, New York (State), South Carolina Tax Commission (1919)
"The amount of its excess profits taken by the federal government does not in any manner change the corporate " entire net income " or any other " net income ..."

4. Bank Profitability: Methodological Country Notes by OECD Staff (2005)
"Other operating expenses 7 net income before provisions 8 Net provisions a. Provisions on loans b. Provisions on securities c. Other net provisions FRANCE ..."

5. The American Year Book: A Record of Events and Progress by Francis Graham Wickware, (, Albert Bushnell Hart, (, Simon Newton Dexter North, William M. Schuyler (1914)
"Subject to certain exemptions and deductions, the net income of a taxable person was denned as: ind furs and fiir skins (10 ner pent 1 i ..."

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