MLchartDataset catalogue

Net income

Term · Law · MLC-T-LAW-003386

The final amount of profit or earnings remaining after all expenses, taxes, and deductions have been subtracted from total revenue. For individuals, it is often referred to as take-home pay. For businesses, net income is a key measure of profitability and is reported on the income statement.

Table 1. Record
IdentifierMLC-T-LAW-003386
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003386",
  "term": "Net income",
  "field": "Law",
  "definition": "The final amount of profit or earnings remaining after all expenses, taxes, and deductions have been subtracted from total revenue. For individuals, it is often referred to as take-home pay. For businesses, net income is a key measure of profitability and is reported on the income statement.",
  "url": "https://mlchart.com/terminology/law/net-income/"
}

Record 3,368 of 5,445 in Law terminology (MLC-0107). Request the full dataset.