Net profit is the actual profit remaining after subtracting all costs from gross receipts. If expenses and charges are greater than revenue, it is called net loss.


:: The Formula ::
Net profit = Gross revenue - Total expenses


:: Synonyms ::
bottom line, net income, net earnings


Example:
Our company reported a net profit of over 5 million dollars this year.
Join the community and submit your own definition.
Join the Community!

+ Define a Word