net income — The amount of money remaining after all expenses, taxes, and deductions have been subtracted from total revenue
Part of speech: NOUN
Definition: The amount of money remaining after all expenses, taxes, and deductions have been subtracted from total revenue
Pronunciation (IPA): /net ˈɪnkʌm/
Example Sentences
- After buying 50 cups of coffee for the office, my net income for the month was basically zero.
- The startup's net income went from negative to positive faster than a mood swing.
- Our net income improved significantly after implementing cost-cutting measures.
net income
NOUN[/net ˈɪnkʌm/]
The amount of money remaining after all expenses, taxes, and deductions have been subtracted from total revenue
After all expenses are paid, the shop's net income for the month is finally calculated.
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🎤Pronunciation
🌳Etymology
Origin
Net derives from French 'net' meaning clean or pure, while income evolved from Middle English 'incomen' (to come in). The compound developed to describe revenue remaining after all expenses are deducted, metaphorically 'cleaned' or filtered like material passing through a net.
Breakdown
net (from French 'net': clean, pure) + income (from Middle English 'incomen': to come in, revenue). The combination expresses the notion of pure or cleared earnings after necessary deductions.
🎵Rhyme
🔗Collocations
📝Examples
“After buying 50 cups of coffee for the office, my net income for the month was basically zero.”
“The startup's net income went from negative to positive faster than a mood swing.”
“Our net income improved significantly after implementing cost-cutting measures.”
“The CEO proudly announced record-breaking net income at the shareholders' meeting.”
📚Related Words
Synonyms
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