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FINDLAW LEGAL DICTIONARY

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Net

net adj

[Anglo-French, clean, pure, from Latin nitidus bright, neat, from nitēre to shine]
: remaining after deduction of all charges, outlay, or loss [the proceeds] compare gross



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.