0 the money made by a company or part of a company for a particular period after all costs, taxes, etc. have been paid:
net profit climbs/falls/rises Annual net profit fell 20% in the wake of tough competition.
a net profit of $12m/£78m/€1bn, etc. The company posted a net profit of $160m for the first quarter.
1 the money made from selling something after all costs, taxes, etc. have been paid:
The ticket agent's profit is calculated as the sum of the net profit from selling tickets and the bonus.
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
Shimmer
net profit