net income (EN)

phrase

phrase “net income”

1. (in accounting) the amount a company earns after paying all its expenses and taxes
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   After accounting for all operating costs, the company's net income increased significantly this quarter.
2. (in personal finance) the amount of a person receives after taxes and other deductions are taken from their total salary
   After deductions for taxes and insurance, her net income was deposited into her bank account.