Nets
Definitions
- (n.) Physical devices, typically made of mesh, used to trap or catch things, often referenced in property or maritime law contexts.
The fisherman was fined for using illegal nets in protected waters.
- (v.) Third-person singular present of net, meaning to earn or obtain a certain amount after deductions.
The company nets a significant profit each fiscal quarter.
- (n.) Plural of net, referring collectively to net incomes, net proceeds, or net amounts in financial legal contexts.
The contract specified the division of the nets from the sales.
Related terms
See also
Commentary
The term 'nets' functions as both a plural noun and a verb form; cross-reference to 'net' clarifies substantive definitions and prevents redundancy.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.