Net

The gain or loss on a security sale as measured by the selling price of a security less the adjusted cost of acquisition.

Net

Profit or loss on a transaction. For example, in the sale of an asset, one calculates the net by taking the sale price and subtracting the outlay for buying or producing the asset. If the net is positive, one has made a profit; if it is negative, one has suffered a loss.

net

1. For the closing transaction in a security, the difference between net proceeds from the sale and the total outlay for the purchase.

2. See net income.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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References in periodicals archive

QUALIFIERS Under-18 Boys: best gross, Aled Clement (Southerndown) 73; best nett, Nathan Stokes (Whitehall) 91-24-67 Under-18 Girls: best gross, Georgia Thomas (Tenby) 94; best nett, Bethan Gates (Clyne) 94-19-75 Under-15 Boys: best gross, Jake Hapgood (Coedymwstwr) 79; best nett, William Thomas (Llanishen) 89-20-69 Under-15 Girls: best gross, Victoria Wakeley-Jones (Minchinhampton) 84; best nett, Hannah Bowen (Glynneath) 101-27-74 Under-13 Boys: Div One: best gross, Tom Farrow-Smith (Northants) 78; best nett, Hari Pachu (Gower) 85-14-71.

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Third place ( after a count back ( went to Susan Turner from Hexham with a nett 77.

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The teenager, pictured above being presented with the trophy by Outlane's president Phil Tatlock, not only took first place but went round the course in level gross and finished with a nett 63 to easily take the honours with a three shot margin from Andrew Miller who had a 66 nett score with Steve Cooper a further shot back on 67 nett.

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