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Definition of Net operating income
1. Noun. (accounting) Income after deducting operating expenses but before deducting for income taxes, interest, and depreciation and amortization. ¹
¹ Source: wiktionary.com
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1. Noun. (accounting) Income after deducting operating expenses but before deducting for income taxes, interest, and depreciation and amortization. ¹
¹ Source: wiktionary.com