Net (economics)
(Redirected from
Gross (economics)
) | This article needs additional citations for verification. (February 2013) |
Look up net in Wiktionary, the free dictionary.
A net (sometimes written nett) value is the resultant amount after accounting for the
difference
of two or more variables.
In
net profit. Similarly, an individual's net worth is the difference between their assets (what they own) and their liabilities
(what they owe to others).
Similarly,
gross national product
minus depreciation.
Etymology
The word net, in this sense, originally derives from the Latin nitere (to shine) and nitidus (elegant, trim), and more recently from the French net (sharp, neat, clean).[1]
Grammatical usage
In this sense, it may appear, separated by a comma, following the noun it modifies, e.g., "earned two million dollars, net".
See also
- Net metering, electricity policy
- Net 30, form of trade credit
- Net profit, gross profit minus overhead and interest
- Net weight, weight of a product, not counting packaging
- Net pay, salary after deductions
- Net operating loss
- Present value
References
- ^ New World Dictionary of the American Language, Simon and Schuster, 1980.