income net
101Net Interest Income — The difference between the revenue that is generated from a bank s assets and the expenses associated with paying out its liabilities. A typical bank s assets consist of all forms of personal and commercial loans, mortgages and securities. The… …
102Net Loss — The result that occurs when expenses exceed the income or total revenue produced for a given period of time. For tax purposes, net losses in one time period can be used to counteract the income/gains generated in another time period. Under tax… …
103Income tax and gambling losses — Rules concerning income tax and gambling losses vary internationally.United KingdomIn the United Kingdom, wins (unless in the course of a trade) are not taxable and losses are not deductible.United StatesIn the United States, gambling wins are… …
104Net Of Tax — An accounting figure that has been adjusted for the effects of income tax. Net of tax is most commonly calculated by taking gross figures, like the cash collected from the sale of an asset, and subtracting the taxes paid. Net of tax could also be …
105Net Interest Income — All firms can divide the balance sheet into assets and liabilities. For banks the assets are commercial and personal loans, mortgages, construction loans and securities. The liabilities are deposits from customers. The net interest income (NII)… …
106net profits — Profits after deduction of all expenses; may be classified as net before or after taxes. Deducting the cost of goods sold from sales gives the gross profit. Deducting the operating expenses (overhead) from gross profit gives the operating profit …
107net profits — Profits after deduction of all expenses; may be classified as net before or after taxes. Deducting the cost of goods sold from sales gives the gross profit. Deducting the operating expenses (overhead) from gross profit gives the operating profit …
108net — net1 nettable, adj. netlike, adj. /net/, n., v., netted, netting. n. 1. a bag or other contrivance of strong thread or cord worked into an open, meshed fabric, for catching fish, birds, or other animals: a butterfly net. 2. a piece of meshed… …
109net — I [[t]nɛt[/t]] n. v. net•ted, net•ting 1) tex a fabric consisting of a uniform open mesh made by weaving, twisting, knotting, crocheting, etc 2) a bag or other contrivance of such fabric, for catching fish or other animals: a butterfly net[/ex]… …
110net — I. /nɛt / (say net) noun 1. a lacelike fabric with a uniform mesh of cotton, silk, rayon, nylon, or other fibre, often forming the foundation of many kinds of lace. 2. a piece of meshed fabric for any purpose: a mosquito net. 3. a bag or other… …
