Definition of net

1. gross amount reduced by applicable reductions. For example, net sales equals gross sales less sales returns and allowances and sales discounts. Another example is net purchases that equal gross purchases less purchase returns and allowances and purchase discounts.
2. (informal) net profit after taxes.

1. figure remaining after all relevant deductions have been made from the gross amount. For example, net sales are equal to gross sales minus discounts, returns, and allowances; net profit is gross profit less operating (sales, general, and administrative) expenses; net worth is assets (worth) less liabilities.
2. to arrive at the difference between additions and subtractions or plus amounts and minus amounts. For example, in filing tax returns, long-term capital losses are netted against long-term capital gains.
3. to realize a net profit, as in "last year we netted a million dollars after taxes."
4. short for network.

In general: figure remaining after all relevant deductions have been made from the gross amount. For example: net sales are equal to gross sales minus discounts, returns, and allowances; net profit is gross profit less operating (sales, general, and administrative) expenses; net worth is assets (worth) less liabilities.
Investments: dollar difference between the proceeds from the sale of a security and the seller's adjusted cost of acquisition-that is, the gain or loss.
As a verb:

1. to arrive at the difference between additions and subtractions or plus amounts and minus amounts. For example, in filing tax returns, capital losses are netted against capital gains.
2. to realize a net profit, as in "last year we netted a million dollars after taxes."

In general: see net amount.
Broadcast:

1. short for network.
2. abbreviation for National Educational Television.
3. spotlight diffuser, made of metal or gauze, used in broadcast production.