Netted
/ˈnɛtɪd/
Definitions
- (v.) Past tense and past participle of net, meaning to secure or receive a result, profit, or benefit, especially in financial or legal contexts.
The company netted a substantial profit after the lawsuit was settled.
Related terms
See also
Commentary
In legal usage, 'netted' often appears in financial contexts to indicate the amount remaining after deductions, important in calculating damages or obligations.
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.