The money one receives from a transaction after all commissions, fees, and related expenses. For example, if one sells his/her house, the net proceeds are the funds one receives from the buyer after all realtor's fees and other closing costs. Net proceeds differ from profit because they do not account for what one originally paid for (in this instance, the house).
The revenues from the sale of an asset that have been reduced by commissions or other expenses directly related to the sale. Net proceeds from a security's sale are calculated by multiplying the security's price by the result derived from subtracting the brokerage commission and any taxes or other fees realized from the sale from the number of shares sold.