Origin of net1
OTHER WORDS FROM netnet·ta·ble, adjectivenetlike, adjective
Words nearby net
Other definitions for net (2 of 3)
Origin of net2
OTHER WORDS FROM netnet·ta·ble, adjective
Other definitions for net (3 of 3)
NET VS. GROSS
What’s the difference between net and gross?
In the context of finance and accounting, net refers to the final amount that remains after deductions have been made, while gross refers to the total amount before any deductions.
Of course, net and gross are common words with many other meanings, but these senses of net and gross are used in the context of measuring something (especially money) that has been accumulated—profit, income, earnings, gains, etc.
The amount described or referred to as gross is everything that has been taken in, not accounting for things like debts, deductions, and expenses. 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. For this reason, net is always lower than gross.
For example, let’s say you decide to sell cupcakes at a bake sale. You spend $15 on ingredients, and you have to rent a table for $5, which equals $20 in expenses. Good news, you make $50 in cupcake sales. Your gross is $50. Minus the $20 in expenses, your net is $30. You could say you grossed $50 and netted $30.
To remember the difference, remember that a net sifts whatever goes into it so that only some remains.
Here’s an example of net and gross used correctly in the same sentence.
Example: For this quarter, gross income was $2 million, but $1.25 million in expenses and outstanding debts resulted in a net of only $750,000.
Want to learn more? Read the full breakdown of the difference between net and gross.
Quiz yourself on net vs. gross!
Should net or gross be used in the following sentence?
I expect to _____ $1,000, after expenses.
How to use net in a sentence
With the IPO, Slootman, who joined in April, 2019, saw his net worth grow by several billion dollars on paper.Snowflake CEO: Doubling of stock price after IPO reflects ‘frothy’ market|Aaron Pressman|September 16, 2020|Fortune
Roughly half the reductions required to swiftly reach global net-zero emissions must come from technologies that aren’t yet commercially available.To confront the climate crisis, the US should launch a National Energy Innovation Mission|Amy Nordrum|September 15, 2020|MIT Technology Review
In 2016, Facebook’s zero-rated “Free Basics” service was shuttered by India’s telecoms regulator, for breaking net neutrality.The EU’s top court just closed a major loophole in Europe’s net-neutrality rules|David Meyer|September 15, 2020|Fortune
The search will cast a wide net and winnow the applicants down in a one-day, virtual pitch challenge hosted by John.Lowe’s teams up with Daymond John to diversify its suppliers with a virtual pitch competition|McKenna Moore|September 15, 2020|Fortune
After the DNC started, but before the RNC, his net favorability rating ticked down to -15 points.Trump And Biden Both Got Small Convention Bounces. But Only Biden Got More Popular.|Nathaniel Rakich (email@example.com)|September 11, 2020|FiveThirtyEight
“Hence, there might be a net benefit, at least to some females, of breeding within the natal group,” the researchers speculate.Mongooses, Meerkats, and Ants, Oh My! Why Some Animals Keep Mating All in the Family|Helen Thompson|December 29, 2014|DAILY BEAST
The outcome of the rum feud is critical for both Bacardi and Pernod Ricard, because the winner could net billions in future sales.
Initially these were individuals “from higher net worth circles,” he says, especially as the site launched with benefit auctions.William, Kate, and Jay Z’s Favorite Art Star: Alexander Gilkes' World of Rock Stars and Royalty|Tim Teeman|December 10, 2014|DAILY BEAST
During the recession net immigration to the U.S. from Mexico fell to zero or less.
In contrast, areas 10 to 20 miles away from city hall gained roughly 15 million net residents.
Specimens were easily collected in a mist net placed across the opening.Summer Birds From the Yucatan Peninsula|Erwin E. Klaas
But what if I catch the fish by using a hired boat and a hired net, or by buying worms as bait from some one who has dug them?The Unsolved Riddle of Social Justice|Stephen Leacock
When it was all over Alila was not too tired to play for awhile with a few locusts he had caught in a net.Alila, Our Little Philippine Cousin|Mary Hazelton Wade
On the way we were greatly excited to see the bladder of an indicator net smoking.Gallipoli Diary, Volume I|Ian Hamilton
As a net is full of birds, so their houses are full of deceit: therefore are they become great and enriched.The Bible, Douay-Rheims Version|Various
British Dictionary definitions for net (1 of 3)
- a thin light mesh fabric of cotton, nylon, or other fibre, used for curtains, dresses, etc
- (as modifier)net curtains
- a strip of net that divides the playing area into two equal parts
- a shot that hits the net, whether or not it goes over
- a pitch surrounded by netting, used for practice
- a practice session in a net