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net profit
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   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.28 sec.

net profit

Measure of profit over a period of time. It is calculated by subtracting all costs of the business from all receipts. In accounting terms, this means taking all costs (apart from costs of remaining stock) away from gross profit and other receipts. Net profit is shown on the profit and loss account of a business.


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