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English definition of “net interest”

net interest

noun [U]     FINANCE, BANKING, TAX
the rate of interest earned by a bank account or an investment after tax has been paid : A saver now gets 3.22% net interest on £2,500 in one of our accounts .
the difference between the interest received by a person or an organization from investments and the interest they pay for money they have borrowed : The bank's net profit rose 4.2% in the six months ended June thanks to higher net interest income and lower costs .
(Definition of net interest noun from the Cambridge Business English Dictionary © Cambridge University Press)
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