What is another word for net income?

Pronunciation: [nˈɛt ˈɪnkʌm] (IPA)

Net income is a term widely used in the field of accounting and finance. It refers to the total amount of money that a company or individual earns after deducting all the expenses, taxes, and other liabilities. There are several synonyms for the word net income such as profit, earnings, income after taxes, bottom line, and profit after tax. All of these terms refer to the same financial indicator and help businesses to evaluate their financial health and profitability. A company's net income is essential for assessing its overall performance and making strategic decisions for growth and expansion. By having a clear understanding of different synonyms of net income, businesses can communicate their financial status effectively to stakeholders and investors.

Famous quotes with Net income

  • My problem lies in reconciling my gross habits with my net income.
    Errol Flynn
  • Do you realize that if we could increase just by 50 percent the number of adults who have a college degree, it would add $5 billion to the economy and it would result in a net income to the state of Arkansas of $340 million a year?
    Mike Huckabee
  • My problem lies in reconciling my gross habits with my net income.
    Errol Flynn

Word of the Day

silver ichthyolate
Silver ichthyolate is a compound that is not widely known, yet it is a term that sparks curiosity. Synonyms for silver ichthyolate are not abundant, as this compound is quite uniqu...