Diclib.com
ChatGPT AI Dictionary

Dictionary Lookup Custom Solutions

Enter a word or phrase in any language 👆

Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

how the word is used
frequency of use
it is used more often in oral or written speech
word translation options
usage examples (several phrases with translation)
etymology

What (who) is net profit - definition

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

net profit

¦ noun the actual profit after working expenses have been paid.

Net income

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.

https://en.wikipedia.org/wiki/Net_income

Profit (economics)

(IN THE ACCOUNTING SENSE OF THE EXCESS OF REVENUE OVER COST) SUM OF TWO COMPONENTS: NORMAL PROFIT AND ECONOMIC PROFIT

Economic Profit; Economic profits; Normal profit; Economic profit; Profitability; Profitable; Supernormal profits; Subnormal profit; Normal Profit; Excessive profits; Excess profit; Excessive profit; Economic profitability; Normal economic profit; Elements of economic profit; Monopolistic profit; Normal profits; Personal gain; Abnormal profits

A profit is the difference between the revenue that an economic entity has received from its outputs and the opportunity costs of its inputs.

https://en.wikipedia.org/wiki/Profit_(economics)

Wikipedia

Net income

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.

It is computed as the residual of all revenues and gains less all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations. It is different from gross income, which only deducts the cost of goods sold from revenue.

For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension contributions).

https://en.wikipedia.org/wiki/Net income

Examples of use of net profit

1. WSR had a net profit of $30.2 million in 2006, while Alliance Oil had net profit of $101.63 million that year.

2. The Investment sector achieved the highest net profit of 540.3 million Bahraini dinars capturing 53.8 percent of the total net profit of the local public shareholding companies.

3. The year 2003 saw the net profit of these banks increase by 28.8 percent, while in 2004 their net profit increased significantly by 41.6 percent.

4. It was followed by the commercial banks sector with a net profit of 25'.4 million Bahraini dinars representing 25.8 percent of the total net profit.

5. UES said first–half, non–consolidated net profit totaled 7.'' billion rubles ($281.6 million), down from a 10.6 billion ruble net profit reported a year ago.