net income

noun
the excess of revenues and gains of a business over expenses and losses during a given period of time.

Origin:
1760–70

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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WordNet
net income

noun
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) 
WordNet® 3.0, © 2006 by Princeton University.
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00:10
Net income is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
the offspring of a zebra and a donkey.
Example sentences
Conclusion: gross income unchanged, expenses highly increased, net income
  obviously highly diminished.
Net income means gross income minus allowable deductions.
Most households must meet gross and net income limits.
The first shows how the net income of those lines have moved over the past year.
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