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net2

Syllabification: (net)
Pronunciation: /net/
Translate net | into French | into German | into Italian | into Spanish
Definition of net

adjective

  • 1(of an amount, value, or price) remaining after a deduction, such as tax or a discount, has been made:net earnings per share rose the net worth of the businessOften contrasted with gross (sense 2 of the adjective).
  • (of a price) to be paid in full; not reducible.
  • (of a weight) excluding that of the packaging or container.
  • (of a score in golf) adjusted to take account of a player’s handicap.
  • 2(of an effect or result) final or overall:the net result is the same

verb (nets, netting, netted)

[with object]
  • acquire or obtain (a sum of money) as clear profit:they sold their 20% stake, netting a huge profit in the process
  • [with two objects] return (profit or income) for (someone):the land netted its owner a turnover of $800,000
  • (net something down/off/out) exclude a non-net amount, such as tax, when making a calculation, in order to reduce the amount left to a net sum: the scrap or salvage value should be netted off against the original purchase price

Origin:

Middle English (in the senses 'clean' and 'smart'): from French net 'neat'; see neat1. The sense 'free from deductions' is first recorded in late Middle English commercial documents

net in other Oxford dictionaries

Definition of net in the British & World English dictionary