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25 sie 2020 · What is the difference between net and gross when it comes to income and money? Are they synonyms that can be interchanged? Let’s take a closer look. What does net mean? Net can be used as a noun, verb, and adjective with multiple meanings (it casts a wide “net,” if you will).
Gross means the total or whole amount of something, whereas net means what remains from the whole after certain deductions are made. This guide will compare gross vs net
NET definition: 1. material made of threads of rope, string, wire, or plastic with spaces between them, allowing…. Learn more.
Comparison chart. Gross vs. Net in Economics. In economics, "gross" means before deductions, e.g., Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced within a country, in a given period of time, usually a calendar year.
The amount described or referred to as net is how much you have left after you’ve subtracted anything that doesn’t count toward profit, like debts and expenses. In other words, net is basically gross minus whatever you owe or have spent.
Definition of net verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
noun. an open fabric of string or rope or wire woven together at regular intervals. synonyms: mesh, meshing, meshwork, network. see more. noun. a goal lined with netting (as in soccer or hockey) see more. noun. game equipment consisting of a strip of netting dividing the playing area in tennis or badminton. see more. noun.
