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English definition of “net sales”

net sales

noun [plural]     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 . → Compare gross sales, net revenue
(Definition of net sales noun from the Cambridge Business English Dictionary © Cambridge University Press)
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