net sales
Add to My List
Definition(s):
- (n) gross sales reduced by customer discounts, returns, freight out, and allowances
Usage(s):
- Broad explanation was that while Standard Brands net sales were holding up fairly well, the profit margin was growing narrower and narrower.
- In 1928, net sales were $64,004,366; net income $19,820,668.
- For this fiscal year, Tiffany predicts at least a 10% growth in worldwide net sales.
Word of the Day
incendiary
/ɪn ˈsɛn di ɛ ri /
/ɪn ˈsɛn di ɛ ri /