NET PROFIT Definition

Bookmark and Share

NET PROFIT is the companys total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses. Same as Net Income.

Learn new Accounting Terms

COC see COST OF CONTROL.

WRITE-UP is the increase in value of an asset, but it is seldom used and is not allowed in GAAP (Generally Accepted Accounting Principles).

Suggest a Term

Enter Search Term

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