Economic Definition of net earnings. Defined.
Offline Version: PDF
Term net earnings Definition: A common term for profit, as the difference between total revenue and total cost. When used in the real world of business wheeling and dealing, this notion of net income generally refers to accounting profit rather than economic profit. The "net" aspect of net earnings indicates that some (that something being cost) is deducted from total or "gross" earnings. Other common terms used in this same context are net revenue and net income.
« net domestic product and national income | net exports »
Permalink: https://glossary.econguru.com/economic-term/net+earnings