From Longman Business Dictionarynet profitˌnet ˈprofitACCOUNTING the profit from a deal, or from business activity for a particular period of time, after all costs and taxes are taken awaySYNNETTheir contract stipulated that they were entitled to a fee of 41% of the film’s net profit.Profit after tax, or net profit payable to shareholders, rose to £20.1 million. → profit