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Business English vocabulary · Numbers and Money

Net of

Meaning in business english, with examples

phraseAdvanced term

In business english, net of means: After subtracting a named cost, deduction or other amount.

In Turkish: belirtilen tutar düşüldükten sonra

How it is used

Used in figures and payment descriptions. Always identify the deduction; net of fees does not necessarily mean net of every possible cost.

Example sentences

  1. The amount shown is net of bank fees, but it does not include the later tax calculation.

    Only the named fees have been deducted from this displayed amount.

  2. We received 980 euros net of the platform's twenty-euro charge.

    The received amount follows subtraction of a specific service charge.

Common collocations

  • net of fees
  • net of tax
  • revenueThe total amount of money a company receives from selling its goods or services in a period, before any costs are taken away.
  • profitThe money a business has left after it pays all its costs; if the costs are higher than the income, the result is a loss.

More terms: Numbers and Money

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