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English definition of “net profit”

net profit

noun [C or U]
 
 
FINANCE, ACCOUNTING
the money made by a company or part of a company for a particular period after all costs, taxes, etc. have been paid: net profit climbs/falls/rises Annual net profit fell 20% in the wake of tough competition.a net profit of $12m/£78m/€1bn, etc. The company posted a net profit of $160m for the first quarter.
the money made from selling something after all costs, taxes, etc. have been paid: The ticket agent's profit is calculated as the sum of the net profit from selling tickets and the bonus.
(Definition of net profit from the Cambridge Business English Dictionary © Cambridge University Press)
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