For farms and non-farm businesses, the amount of income remaining after operating expenses are subtracted from the total or gross income. For individuals who do not own a business, net income is the same as gross income.
Total revenue subtracting all costs including taxes, in a given period. Also referred to as net earnings, it is the best measure of the current operating state of a company. This figure is literally found at "the bottom line" on an income statement.
With reference to property, the sum derived after a vacancy allowance and expenses have been deducted from the gross income; generally described as net income before depreciation, and usually defining the income a property will earn in a normal year's operation (net operating income).
The income expected from a property, after deduction of allowable expenses.
The difference between total sales and total costs and expenses. Total costs comprise cost of goods soldi including depreciation; total expenses comprise selling, general, and administrative expenses plus income deductions. Net income after taxes in the bottom line. It is out of this figure that dividends are normally paid. Back to the Top
Net income is the return on all factors belonging to the farm entrepreneur: land, labour and capital.
This is the amount you are paid after income tax has been deducted.
The net increase in owner's equity that results from business operations; revenues less expenses when revenues exceed expenses. For merchandising companies, what is left after deducting operating expenses from the gross margin from sales.
This is defined by the excess (deficit) of revenue earned over the related expenses for a given period. The balance is carried forward to and impacted on the owners' equity account.
Generally considered the remaining sum after all the expenses have been made or deducted. It is considered a measure of a company's relative profitability.
1. The final figure in the income statement when revenues exceed expenses; 2. The amount of profit that a company earned during an accounting period.
Excess or deficit of total revenues and gains compared with total expenses and losses for an accounting period. (See income and loss .)
This is the bottom line of the income statement. It is the mathematical result of revenues and gains minus the cost of goods sold and all expenses and losses (including income tax expense if the company is a regular corporation) provided the result is a positive amount. If the net amount is a negative amount, it is referred to as net loss. To Top
The income of a company after deducting all expenses from all revenues.
is the balance remaining after income taxes and other deductions from gross profit.
The amount of income that remains after deductions are taken from gross income.
Your Net Income is the total amount of your income minus any expenses and taxes you pay.
The company's total earnings based on revenues minus cost of goods, depreciation, interest, taxes and other expenses.
Gross income less expenses, including taxes and insurance, but before depreciation, additions to reserves or distribution of earnings.
A company's total revenues reduced by all of the costs of doing business, including depreciation, interest, taxes and other expenses.
An individual's (or a company's) gross income minus expenses. Income tax is calculated on the basis of net income.
The excess of income over total expenses for a given period of operation for a business. This is most frequently stated for periods of operations such as "net income for the month ending (date)"; "net income for the quarter ending (date)"; or "net income for the year ending (date)." See also gross profit.
Means something similar to "net earnings," but used in a more general sense.Specifically, net income is the amount of money that remains of the gross income after all taxes, losses, maintenance, management costs and operating costs have been subtracted.On a property, interest as well as charges for loans or capital are not counted.
A company's total revenue less total expenses, showing what a company earned (or lost, called net loss) for a set period, usually one year. Listed often literally as the "bottom line" on the statement of earnings. Also called net earnings and net profit.
Income after taxes. A figure required by some lenders during the application process.
Gross profit minus business expenses, minus interest expensesm minus taxes. A loss results when expenses exceed revenues.
A term used in accounting for proprietary funds to designate the excess of total revenues and operating transfers in over total expenses and operating transfers out for an accounting period.
The income received by an individual AFTER TAX has been taken out.
Total income after all deductions have been made.
Also called Net Profit or The Bottom Line. It is the balance remaining after revenues have been reduced by every expense, including income tax. In a corporation or limited company Net Income is either kept in the business as Retained Earnings or distributed to shareholders in dividends.
Gross income less federal tax.
Earnings after taxes, excluding profit attributable to minority interests.
The amount of money you've earned after paying federal and state taxes, FICA, and any other automatic payouts. Your "take-home" pay.
The income of a person (often measured monthly) after all deductions for tax, etc have been made. Sometimes referred to as a persons 'take home' figure.
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Your total income after taxes are taken out.
A borrower's complete monthly or annual income, after taxes are deducted.
Balance of gross income after all deductions, such as social security payments, federal, state and local taxes, health and life insurance premium payments, and retirement benefits; also referred to as adjusted gross income.
Amount of money remaining after income taxes, Social Security, Medicare, insurance (health, life disability, etc.), flexible spending plan contributions, retirement savings, and other items have been deducted. Also known as take-home pay.
A firm's gross profit less its operating expenses and income taxes.
The difference between a businesses total revenues and its total expenses is called its net income. This caption and amount is usually found at the bottom of a company's Profit and Loss statement.
The level of profit in a business after the deduction of income taxes, depreciation, operating expenses and other expenses. It is also known as after-tax profit or net profit.
The amount of money remaining after deducting total expenses and expenditures from total income.
Net Income is total revenue minus total expense, what's left of the monies received after all debts have been paid, the bottom line. If Net Income is positive it is also called Net Profit. A negative Net Income is a Net Loss.
Gross income less expenses incurred to produce gross income. Taxes due are calculated based on "net income."
Total revenues minus total expenses, including taxes and depreciation, for a specified time. Also known as profit, net profit, or net earnings.
A measurement of the net return to unpaid labor, management and equity capital. Also called accrual net income. The primary difference between cash and accrual net income is that accrual income includes adjustments for changes in inventory and changes in accrual items like prepaid expenses, accounts payable and accounts receivable. Accrual net income more accurately reflects the profitability of a business over an accounting period.
That portion of gross income remaining after the payment of all expenses.
Dividends and interest paid out after income tax has been deducted.
Net income is gross income minus allowable deductions.
A company's revenue minus its expenses. Net income is also called earnings or profits
The amount a business earns after subtracting all expenses incurred to generate revenues; also called profit or earnings.
A person's income following deduction of social security contributions.
The amount of income for a certain period after all deductions (e.g. tax and National Insurance). Also called "take-home" pay
The amount which revenues exceed expenses in any given time period. Contrast to Net Loss.
Income received after taxes have been deducted.
Income after taxes, deductions, and allowances have been subtracted. Non-Matriculating: Non-Matriculating students are students who are taking one or two courses and not seeking a degree or certificate of completion. NIC credits accrued under this status will still be maintained on an official NIC transcript. Non-matriculating students may not receive any federal financial aid, veterans educational benefits, nor may they participate in varsity athletics.
Also called net profit, net earnings, current earnings or bottom line. (No wonder accounting is confusing; look at all those words that mean the same thing!) After you have subtracted ALL expenses (including taxes) from revenues, you are left with net income. The word net means basic, fundamental. This is a very important item on the income statement because it tells you how much money is left after business operations. Think of net income like the score of a single basketball game in a series. Net income tells you if you won or lost, and by how much, for a given period of time. By the way, if net income is a negative number, it's called a loss. You want to avoid those. The net income is reflected on the balance sheet in the equity section, under current earnings (or net profit). Net income results in an increase in owner's equity. A loss results in a decrease in owner's equity.
The amount of money that a worker receives in a paycheck after items such as income taxes, Social Security (FICA) tax, retirement plan savings, union dues, and other items have been deducted.
The money remaining after expenses are deducted from income; the profit.
Total earnings, profit or loss, after the deduction of taxes and including earnings from discontinued operations.
Refers to the profits of a company after expenses and is calculated as gross profit less operating expenditure.
The company's total earnings, which are revenues minus costs of doing business, depreciation, interest, taxes and other expenses.
Net Income is the total amount of income after all deductions and expenses.
The amount remaining after total operating expenses (excluding interest payments) are deducted from effective gross income.
The borrower's gross income minus federal income tax.
A family's net income is equal to a family's GROSS INCOME minus the INCOME DISREGARD, the remainder of which is then multiplied by the BENEFIT REDUCTION RATE. It is used to determine TANF eligibility and the TANF benefit amount.
Net income for the latest 12-month period. Net income is also referred to as the bottom line, earnings or net profit.
The income (profit) of a company after accounting for all costs of doing business, including direct and indirect overhead costs, depreciation, taxes, interest and miscellaneous expenses... read full article
For any given period, the remainder of total revenue once the total expenses have been subtracted.
Profit after all expenditures have been deducted from the revenue. See Profit.
The difference between effective gross income and a person's expenses. The term is qualified as net income before depreciation and debt.
This is the total income that remains after all the costs (interest, taxes, etc.) have been deducted from any revenue.
The excess revenues over all related expenses for a given period. Net Present Value (NPV): Present value of cash inflows less present value of cash outflows. The increase in wealth accruing to an investor when he or she undertakes an investment. Net Sales: Total sales revenue less certain offsetting items such as returns and allowances and sales discounts. Net Worth (equity, owners' equity, shareholders' equity): Ownership interests of common and preferred stockholders in a company. On a balance sheet, equity equals total assets less all liabilities.
is the difference between a businesses total revenue and its total expenses. This caption and amount is usually found at the bottom of a company's Profit and Loss statement. Same as Net Profit.
1. in accounting, the amount remaining after all expenses have been met. 2. in appraisal, same as net operating income.
(Operating Surplus) The "profit" at the end of a fiscal year. Co-ops either choose to use this money to improve the co-op or return it to members.
The amount the business makes when sales exceeds all expenses.
is the bottom line net earnings (or losses) of a company.
Total revenue after all expenses, such as taxes and depreciation, have been deducted.
Your income, paycheck or revenue minus all expenses or costs (rent, heat, groceries, leisure spending, car payments, debt payments, etc.).
The net increase in stockholders' equity that results from business operations and is accumulated in the Retained Earnings account; revenues less expenses when revenues exceed expenses.
The sum remaining after all expenses have been met or deducted. Also called profit.
The total after-tax earnings generated from operations and realized capital gains as reported in the company's NAIC annual statement page 4, line 16.
The excess of revenues and gains over expenses and losses
Your total income from employment and other sources, minus taxes.
This is the money you earn after tax has been taken off.
A person's monthly earnings after tax and other deductions have been removed.
Sales minus taxes, interest, depreciation, and other expenses. Net Income is one of the most important measures of a company's performance, since the pursuit of income is the primary reason companies exist. Sometimes Net Income includes one-time and extraordinary items, and sometimes it does not. Also called net earnings or bottom line.
For a business organization, any money that remains from the company's sales revenues after deductions have been made for sales costs, operating expenses, and taxes. Also known as profit, profit margin, and spread. Contrast with net loss.
The amount of money left from your paycheck after taxes and expenses are paid.
Gross income less operating costs.
Income distributions are paid with a 20% tax credit. If you are liable to lower rate or basic rate income tax, you will have no further liability to tax. If you are a higher-rate taxpayer, you will have an additional income tax liability. If you are a non-taxpayer, you may be able to use the tax voucher supplied at the time of the distribution to support a tax repayment claim. Wherever you see a gross income figure quoted, it means that no tax has been deducted (e.g. as with a PEP investment).
The amount issued to a person after taxes, mandatory deductions, voluntary deductions, and garnishments have been subtracted from the gross income. See: Income -- Effect of Income on Eligibility and Benefit Level - Food Assistance Programs Benefit Calculation
Gross farm income minus total farm costs.
The monthly salary paid to a borrower after deducting any Federal and/or State payroll taxes.
Total income after income taxes and other withheld items such as Social Security or Medicare taxes are taken out.
Income after taxes, deductions, and allowances have been subtracted from gross income.
The amount left over after a company deducts costs and expenses from revenue. Also known as net earnings, net income may be expressed as a total number, or on a per-share basis, which is found by dividing the total net income by the number of shares of common stock outstanding.
Total income after deductions are taken.
For a business this is the total revenue minus total expenses, which is the same as its net profit or Earnings.
Your take-home pay after taxes and other deductions. It is the amount of money that you actually received in your paycheck.
Gross income less income tax.
The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses
Gross income minus total expenses gives you net income. You'll find this information on the income statement.
Also called profit or net profit, it is equal to income minus expenses. Net income is the bottom line of the income statement (also called the profit and loss statement).
Income (Profit) shown after all operating and non-operating income and expenses, income taxes, minority interest and extraordinary items but before preference and ordinary Dividends.
Income after all expenses and taxes have been deducted. Often used in calculating various profitability and stock performance measures.
The net earnings of a corporation after deducting all costs of selling, depreciation, interest expense and taxes.
Income subject to taxation after allowable deductions have been subtracted from gross or total income.
A measure of the overall performance of a business entity; equal to revenues minus expenses for the period.
Income less all deductions, such as social security payments, federal, state and local taxes, health and life insurance payments, and retirement benefits. Net income is also referred to as adjusted gross income.
this term is used to refer to the total income after all outgoings have been deducted.
Income after all expenses and taxes have been deducted, and used in calculating a variety of profitability and stock performance measures.
The amount of a paycheck that a person can actually spend or gross income less payroll deductions including taxes.
For an individual, gross income minus expenses.
1. For individuals, your total earnings minus your required and elective payroll deductions . Commonly known as "take-home pay." 2. For businesses, gross income (def. 2) minus all other expenses.
Gross Income less Operating Expenses.
Also known as the bottom line, this is the profit a company realizes after all costs, expenses and taxes have been paid. It is calculated by subtracting business, depreciation, interest and tax costs from revenues. Investors often pay too much attention to net income, the calculation of which can be easily manipulated by accountants. A better measure of corporate growth, some analysts say, is cash flow. Net income is also called earnings or net profit.
The difference between effective gross income and the expenses including taxes and insurance. The term is qualified as income before depreciation and debt service.
Income after dividends and taxes (including realized capital gains).
The company’s total revenues less costs of doing business such as depreciation and interest.
The difference between adjusted gross income and operating expenses. May or may not include depreciation.
the amount received after taxes and other deductions are subtracted ƒŽû‰vAƒ—˜‰v
Money left in the accounts of a business after all expenses and taxes have been paid. Dividends are paid out of net income.
The sum arrived at after deducting from gross income the expenses of a business or investment, including taxes and insurance, and allowances for vacancy and bad debts; what the property will earn in a given year's operation.
The difference between your business' total revenues and its total expenses. This caption and amount is usually found at the bottom of a company Income Statement (also known as "The Bottom Line").
The amount remaining when expenses are deducted from gross income.
Income received from all sources less deductions such as RRSP and RPP contributions, union dues, child and attendant care expenses, business investment loss, moving expenses, alimony or maintenance paid, carrying charges, exploration and development expenses, other employment expenses and any social benefits repayments.
a company's profits after taxes
A company’s total revenue minus total expenses, showing what a company earned (or lost – which is then called net loss) in a set period, usually one year. Listed often literally as the "bottom line" in the profit and loss account. Also called net earnings and net profit.
Total patient service revenue less deductions from revenue, plus other operating revenue, less total operating expenses, plus non-health care revenue, less non-health care expenses, income taxes, and extraordinary items.
A company's final income after all expenses and taxes have been deducted from revenues.
This is income after taxes, deductions, and allowances have been subtracted
With regard to a Business; it is the net profit. With regard to an Income Property; it is the gross income minus vacancies and allowable expenses.
in general, synonymous with net earnings, but considered a broader and better term; the balance remaining, after deducting from the gross income all operating expenses, maintenance, taxes, and losses pertaining to operating properties excepting interest or other financial charges on borrowed or other capital.
The amount left after taxes have been paid.
Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income is primarily an accounting term used in the US; in other countries (such as the UK) profit is the usual term. Additionally, in the US net income is often (though ambiguously) called just income.