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Glite Dictionary
net income

net income

20 3.0
Money a person or business keeps after paying costs and taxes
  • noun
  • /nɛt ˈɪnˌkʌm/
  • Specialized
translation icon : beneficio neto
  • Last year, the company's net income reached a record high of $1 million after all expenses were deducted.
  • net income per patient
  • increase in net income
  • decline in net income

So if you get rid of the Bitcoin, the net income would have been significantly lower than last quarters.

Examples

  • Judge 3 said that when he does receive a financial declaration, "The net income is zero."

    Academic text (2017)

  • They make the bulk of their net income from franchise restaurants.

  • And when you increase that net income line, then you increase the value.

  • Yet when the sales tax on these items goes up, your net income goes down.

    Blog text (2)

  • Cook's reported net income is about $1 million a year.

    Academic text (2009)

  • Third, rural New Mexico hospitals reported higher levels of net income per patient day in 1989 and 1990.

    Academic text (1993)

  • Last year, merchandising generated $30 million in net income, while publishing generated a loss of $6.5 million.

    Blog text (16)

  • Persistently depressed sale prices for meat have more than halved the net income of sheep farmers and beef farmers since 1984.

    Academic text (1991)

  • The largest proportion of respondents receive a total net income between €500 and €1,999 per month (Table 3).

    Academic text (2018)

  • Subtracting construction costs and bank loan repayments leaves individual net income at about 300,000 bart ($12,000) per year.

    Academic text (1990)

Synonyms

profit
vsnet income
  • Specialized
∞ 2.0

Money left after you pay all costs and taxes

refers specifically to the final total after all deductions and taxes
earnings
vsnet income
309 2.3

Money people or companies get from work, business, and investments

expresses the final profit after all expenses and taxes are subtracted
net
vsnet income
  • Specialized
216 5.6

The amount left after costs and taxes are taken away

counts every deduction including taxes to show the final profit total
take
vsnet income
215 7.0

Money earned from an activity, especially sales

refers to the total profit across a period after all deductions
net profit
vsnet income
  • Specialized
6 3.2

Money left after paying all costs, taxes, and other charges

has identical meaning but is the more common business label
profits
vsnet income
  • Specialized
1 2.3

Money left after paying all costs and taxes

focuses on the final total after every deduction and tax

Antonyms

gross
  • Specialized
10 3.2

The total money received before costs or taxes are taken away

How Profitable

windfall
35 5.1
profit
  • Specialized
∞ 2.0
net income
  • Specialized
20 3.0
loss
695 2.1

Surface Forms

net income singular
net incomes plural

Morphology

net + income

The meaning is directly compositional: 'net' (an amount after deductions) modifies 'income' (funds received), yielding 'income after all deductions', which matches the given definition. This ADJ+N pattern and the net/gross distinction are cross-linguistically common, so a B1 learner who knows both constituent meanings can reasonably infer the MWE's meaning.

Etymology

Net income comes from the simple image of a fishing net and the word income: you catch all the fish, then take away the fish you must give or pay, and what stays in the net is yours. So, it means 'the money left' after expenses and taxes.