From Longman Business Dictionarynet incomeˌnet ˈincome [countable, uncountable]1TAX the amount of income left after paying tax, costs etcAre your monthly credit payments more than 15–20 percent of your net income?2[countable, uncountable]ACCOUNTINGTAX the amount of income that a company has after paying costs and taxSYNNET PROFITThe group had third-quarter net income of $483,000 on revenue of $15.1 million. → income
