Meaning of “net interest” in the English Dictionary

"net interest" in Business English

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net interestnoun [ U ]


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” from the Cambridge Business English Dictionary © Cambridge University Press)