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Net Profit

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia, Hutchinson 0.01 sec.
Net Profit 

in capitalist society, the profit left over after income taxes. Net profit, whose amount depends on the amount of gross profit and the magnitude of income taxes, is used by businessmen and monopolies for the expansion of production and for parasitic consumption. By maintaining secrecy in commercial operations, exaggerating the depreciation rate of fixed assets, and using sophisticated methods to falsify accounts, capitalists are able to understate their net profit and thereby pay lower taxes.

The net profit of socialist enterprises is the profit shown on the balance sheet—that is, the amount left over after subtracting payments made to the state from profits: capital charges, fixed (rent) payments, payments from the free profit remainder, and interest payments on loans. Net profit is used to form incentive funds, to augment the circulating capital of enterprises, and to finance certain capital investments.



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Also election day came round again, and Jurgis made half a week's wages out of that, all net profit.
To say what the net profits have been, to the entire body of people who have invested money in the telephone, will always be more or less of a guess.
3, or to issue a statistical diagram showing the proportion of married women to spinsters in New Zealand; or that the net profits of Mrs.
 
 
 
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