I. net 2 BrE AmE ( also nett British English ) adjective [only before noun]
[ Date: 1400-1500 ; Language: French ; Origin: 'bright, clean' ; ⇨ ↑ neat ]
1 . the net amount is the final amount that remains after all the other amounts have been taken away ⇨ gross :
The net profit (=after taxes, costs etc) was up 16.3% last month.
The company reported a net loss of $56 million last year.
Vernon estimates the company’s net worth at over $8 billion.
The United States is a net importer of beef (=it imports more than it exports) .
2 . net result/effect the final result or effect of something:
The net result will be higher costs to the consumer.
3 . net weight the weight of something without its container
—net adverb :
He earns $40,000 net.
jars of coffee weighing 450 grams net
II. nett /net/ BrE AmE adjective
a British spelling of ↑ net 2