NET INCOME Definition

Bookmark and Share

NET INCOME is the difference between a businesses total revenue and its total expenses. This caption and amount is usually found at the bottom of a companys Profit and Loss statement. Same as Net Profit.

Learn new Accounting Terms

COMPOSITE DEPRECIATION is the grouping of similar assets or dissimilar assets within the same class together for the purpose of computing a single depreciation rate to be applied to all assets within the group.

KIKIN, in Japan, is a capital foundation fund.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.