Net Profit

final profit, amount of money that remains after taxes and other payments are deducted

Net profit is an accounting term which is commonly used in business. It is equal to the gross profit minus overheads minus interest payable plus one off items for a given time period.A common synonym for "net profit" when discussing financial reports (which include a balance sheet and an income statement) is the bottom line. This term results from the traditional appearance of an income statement which shows all allocated revenues and expenses over a specified time period with the resulting summation on the bottom line of the report. Generally speaking, this term is synonymous with Pre-tax Profit.
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Noun
1. the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
(synonym) net income, net, lucre, profit, profits, earnings
(hypernym) income
(hyponym) earning per share
(part-meronym) share, portion, part, percentage

1. gross sales minus taxes, interest, depreciation, and other expenses. also called net earnings or net income or bottom line. see also profit, profit margin.
2. the selling price of the products minus cost of the products plus all other costs including wages, rent, advertising, administration etc (see gross profit).

Net profit
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