Definitions for "net income"
Keywords:  revenu, minus, paycheck, deducts, gross
In business, what remains after subtracting all the costs (namely, business,...
The amount of money left over after all costs and expenses have been paid.
( revenu net). Total income minus allowable deductions such as pension contributions, union dues and child care expenses. A single individual with total income of $52,000 and a registered retirement savings plan deduction of $2,000 would report his or her net income for personal income tax purposes as $50,000.