What does net profit mean?

Definitions for net profit
net prof·it

This dictionary definitions page includes all the possible meanings, example usage and translations of the word net profit.

Princeton's WordNet

  1. net income, net, net profit, lucre, profit, profits, earningsnoun

    the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)

Wiktionary

  1. net profitnoun

    The gross revenue minus all expenses

ChatGPT

  1. net profit

    Net profit, also known as net income or bottom line, refers to the total revenue a company or business brings in after deducting all direct and indirect expenses, taxes, interest, and other operational costs. It is the actual profit amount the company has earned during a specific accounting period and indicates the company's financial health and profitability level.

Wikidata

  1. Net profit

    Net profit, also referred to as the bottom line, net income, or net earnings is a measure of the profitability of a venture after accounting for all costs. In a survey of nearly 200 senior marketing managers, 91 percent responded that they found the "net profit" metric very useful. In accounting, net profit is equal to the gross profit minus overheads minus interest payable for a given time period. A common synonym for "net profit" when discussing financial statements is the bottom line. This term results from the traditional appearance of an income statement which shows all allocated revenues and expenses over a specified time period with the resulting summation on the bottom line of the report. In simplistic terms, net profit is the money left over after paying all the expenses of an endeavor. In practice this can get very complex in large organizations or endeavors. The bookkeeper or accountant must itemise and allocate revenues and expenses properly to the specific working scope and context in which the term is applied. Definitions of the term can, however, vary between the UK and US. In the US, net profit is often associated with net income or profit after tax.

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Numerology

  1. Chaldean Numerology

    The numerical value of net profit in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of net profit in Pythagorean Numerology is: 6

Examples of net profit in a Sentence

  1. Norwegian Air:

    All the above taken into consideration, the company targets a net profit in 2020.

  2. Gadi Lesin:

    The forex challenges that were typical of the last three quarters were met with the right financial response, leading to an improved net profit.


Translations for net profit

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"net profit." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/net+profit>.

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