On the other hand, "net" is typically used to describe the actual amount of money that remains after accounting for all expenses involved. For example, when discussing a business, gross income ...
Only the net amounts are settled, with participants paying or receiving the difference. For example ... payments. Gross settlement offers real-time finality and reduced risk, making it ideal ...
Business News Daily on MSN6mon
Gross Pay vs. Net Pay
Knowing the difference between gross pay and net pay is one of the first steps ... of pay periods = gross pay for salaried ...