From Longman Business Dictionarynet proceedsˌnet ˈproceedsFINANCEACCOUNTING1the profit from selling assets after costs are taken awayPWA said net proceeds from the sale of the five aircraft will be about C$150 million.2the money obtained from a share or bond ISSUE, after costs are taken awayUDR will use the $15.4 million net proceeds from the stock sale to reduce outstanding borrowings. → proceeds
