net profit

Total sales revenue less the cost of the goods sold and all additional expenses.

— Also termed net revenue. Cf. gross profit. [Cases: Internal Revenue 3175; Taxation 980, 996. C.J.S. Internal Revenue §§ 107–108, 110, 112; Taxation §§ 1715–1716, 1732–1733.]

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词条贡献者

法律翻译Akira，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与能源行业争议有关的法律文件。