Definition
'Nett' (or 'net') refers to what remains after deductions. Think of your paycheck: the gross is before taxes, the net is what you actually take home 💸. In business, it's revenue minus expenses. So, a 'nett' profit is the real profit. It's the 'bottom line', the actual value. The contrast is 'gross', meaning total before deductions. It gives you a clearer picture of the true value.