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TeachMeFinance.com - explain Net income Net income The term 'Net income' as it applies to the area of energy can be defined as ' Operating income plus other income and extraordinary income less operating expenses, taxes, interest charges, other deductions, and extraordinary deductions'. Previous 5 Terms: Net energy for system Net farm income Net fill Net generation Net head Next 5 Terms: Net income (food stamps) Net interstate flow of electricity Net module shipments net of a polyhedron Net operable capacity About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.