net amount
121net level annual premium — An amount which, if exacted from a group of policyholders and increased by interest, will yield a sum sufficient to satisfy all death claims. The result is generally referred to as the net or net level premium of the policy. Fox v. Mutual Ben.… …
122net sale contract — One in which the principal agrees to accept a specified net price for property to be sold, and the agent s compensation for negotiating a sale is to be any amount received in excess of the specified figure. Loughlin v. Idora Realty Co., 259… …
123Net proceeds — An ISO term. The value date, where applicable, currency code, and total amount credited/debited as derived from the settlement amount, plus or minus all charges. [6n]3a15d …
124Net Energy Production — (or Balance) The amount of useful energy produced by a system less the amount of energy required to produce the fuel …
125Net Domestic Product - NDP — An annual measure of the economic output of a nation that is adjusted to account for depreciation, calculated by subtracting depreciation from the gross domestic product (GDP). Net domestic product accounts for capital that has been consumed over …
126Net Income After Taxes - NIAT — An accounting term, most often found in a company s annual report, that is meant to show the company s definitive bottom line for the accounting period. In other words, it shows what the company earned after all its expenses, charge offs,… …
127Net settlement amount — An ISO term. The net value of all amounts. ISO Bank Card Originated Messages term. 1a16n. ISO Identification Cards term. 12an …
128net — Denoting an amount remaining after specific deductions have been made. For example, net profit before taxation is the profit made by an organization after the deduction of all business expenditure but before the deduction of the taxation charge …
