Meaning & use

net

adjective, noun, verb·Academic

Last updated

UK/net/
US/net/

Meanings

  1. adjectivebefore a nounbusinessfinance

    Remaining after costs, taxes or other deductions have been taken away.

    Grammar: Comes before a noun: net income, net weight. It is not used after a verb.

    Patterns

    • net of something

    Her net salary is lower than the figure in the job advert because of tax.

    The company reported a net profit of two million dollars.

    The net weight of the cereal is 500 grams, not counting the box.

  2. nouncountable

    Open material made of knotted or woven cord, wire or thread, used to catch, hold or protect something.

    Grammar: Countable for the object: a fishing net, two nets; a sports goal also has a net.

    Patterns

    • cast a net
    • a net of something

    The fishermen pulled a heavy net full of mackerel onto the deck.

    The ball hit the back of the net for the winning goal.

    A mosquito net hung over the bed.

  3. verbtransitive

    To catch something in a net, or to earn or gain an amount as clear profit.

    Grammar: Takes an object: net a fish, net a profit.

    Patterns

    • net something
    • net someone something

    The sale netted the charity nearly ten thousand dollars.

    She netted a rare butterfly in the meadow.

    He netted a hat-trick in the second half.

Word forms

third person singularnets
past tensenetted
past participlenetted
-ing formnetting

Common combinations

net income
Our net income rose slightly this year.
net profit
The shop made a net profit of three thousand dollars last month.
fishing net
A fishing net lay tangled on the pier.
net gain
The change resulted in a net gain of twelve jobs.
cast a net
They cast a wide net to find qualified applicants.
back of the net
He smashed the ball into the back of the net.

Synonyms and how they differ

take-home
Take-home refers to the pay an employee actually receives after deductions, while net is the general accounting term used for any amount.
after-tax
After-tax names exactly which deduction was made, while net can include other costs as well.
mesh
Mesh describes the open material itself, whereas net also names the finished object such as a fishing net.
earn
Earn is the general verb for receiving money, while net stresses the amount left over after costs.

Opposites

Word family

netting noun
material made of net, or the activity of catching with nets
netted adjective
made like or covered with a net
network noun
a connected system of lines, people or computers
netball noun
a team ball game played by throwing a ball through a high net ring

Commonly confused: net or gross?

net vs gross

Gross is the total before deductions, while net is what remains afterward; mixing them up changes a number a lot.

Practice

A company earns 100,000 dollars in sales and pays 70,000 dollars in costs. What is its net profit?

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