Net Profit (Noun)
Meaning
The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses).
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's net profit for the quarter was significantly higher than the same period last year due to increased sales and reduced costs.
- To calculate the net profit, you need to subtract the total expenses from the total revenue.
- The net profit margin is a key indicator of a company's financial health and is closely monitored by investors.
- After deducting all the expenses, including depreciation and taxes, the net profit was $100,000.
- The net profit of the business has been steadily increasing over the past few years, thanks to effective cost management and strategic investments.