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Meaning of “net sales” in the English Dictionary

"net sales" in Business English

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net salesnoun [plural]

uk   us   ACCOUNTING, FINANCE
the total value of a company's sales after amounts for costs such as returned, damaged, or missing goods, and any price reductions, taxes, etc. have been subtracted: The company believes that its net sales for the next several quarters will be below prior year period levels.
(Definition of net sales from the Cambridge Business English Dictionary © Cambridge University Press)
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