net sales

net sales
Term used to describe a firm's revenue after the amount of returns, allowances, and discounts is deducted from gross revenue from the firm's principal operations. American Banker Glossary
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Gross sales less returns and allowances, freight out, and cash discounts allowed. Bloomberg Financial Dictionary

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net sales net sales sale

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net sales UK US noun [plural] ACCOUNTING, FINANCE
the total value of a company's sales after amounts for costs such as returned, damaged, or missing goods, and any price reductions, taxes, etc. have been subtracted: »

The company believes that its net sales for the next several quarters will be below prior year period levels.

Compare GROSS SALES(Cf. ↑gross sales), NET REVENUE(Cf. ↑net revenue)

Financial and business terms. 2012.

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Look at other dictionaries:

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  • net sales — noun gross sales reduced by customer discounts, returns, freight out, and allowances • Hypernyms: ↑income * * * noun plural : the balance of gross sales remaining after deducting trade discounts, returned sales, and sales allowances …   Useful english dictionary

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  • net sales — Gross sales minus returns, allowances, rebates, and discounts …   Black's law dictionary

  • net sales transaction — Refers to over the counter trading. securities deal in which the quoted prices include commissions ( i.e., OTC); looked at another way, the buyer and seller do not pay fees or commissions in addition to the print or quotation prices. Bloomberg… …   Financial and business terms

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