Definition of net profit

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TeachMeFinance.com - explain net profit



net profit -- see net income.

net income -- gross income less expenses, including taxes and insurance, but before depreciation, additions to reserves or distribution of earnings.

historic definition...

Net profit -- What is left after all expenses have been deducted.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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