The facility showed a gross loss of $2.8m, which, when set against investors' deposits of £1.5m, netted out at $1.36m.
We will net out with several hundred additional jobs over two years.
Financial and business terms. 2012.
net — /net/ adjective 1. referring to a price, weight, pay, etc., after all deductions have been made 2. ♦ terms strictly net payment has to be the full price, with no discount allowed ■ verb to make a true profit ● to net a profit of £10,000 (NOTE:… … Dictionary of banking and finance
net — what is left after deducting all charges (see gross). Glossary of Business Terms The gain or loss on a security sale as measured by the selling price of a security less the adjusted cost of acquisition. Bloomberg Financial Dictionary … Financial and business terms
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