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What (who) is net income - definition
Net income
MEASURE OF THE PROFITABILITY OF A BUSINESS VENTURE
Net profit; Net pay; Net Profit; Net Income; Bottom line; Return on revenue; Return On Revenue; Net revenue; Net earning; Net earnings; Nett revenue; Pre-tax profit; Pretax profit; Bottomline; Profit After Tax; Net payment; Net salary; I minus E basis; I minus E; After‐tax profit
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
net profit
MEASURE OF THE PROFITABILITY OF A BUSINESS VENTURE
Net profit; Net pay; Net Profit; Net Income; Bottom line; Return on revenue; Return On Revenue; Net revenue; Net earning; Net earnings; Nett revenue; Pre-tax profit; Pretax profit; Bottomline; Profit After Tax; Net payment; Net salary; I minus E basis; I minus E; After‐tax profit
¦ noun the actual profit after working expenses have been paid.
Net national income
ECONOMICS TERM USED IN NATIONAL INCOME ACCOUNTING
Total national income; Net National Income
In national income accounting, net national income (NNI) is net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government.
Examples of use of net income
1. The net income exceeded Global expectation, up by 5 percent compared to forecasted net income of SR11.8 billion for 2005.
2. Shamil Bank Net Income Up 57% Arab News MANAMA Shamil Bank of Bahrain B.S.C. posted a net income of $61.6 million in 2006, an increase of 57 percent over 2005 net income of $3'.1 million.
3. Headline net income declined 13 per cent to €24'm but excluding restructuring charges and other incidentals, net income rose 3' per cent to €215m.
4. The Trust earned net income of Rs. ',238 million which is the highest ever net income earned by the Trust in its entire life.
5. This equates to an annualized net income of $1'0.5 million, an increase of 83 percent over the 2005 net income of $104.3 million.