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The Enterprise and Economic Development Glossary
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a resource of the .network library
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net income:

... money or the like in hand after subtracting costs—net profit, earnings; the sum arrived at after deducting, from gross income, all expenses, including taxes and bad debts.

Net income is reported in business as the bottom line. It is the amount of a medium of exchange that remains after subtracting all costs for generating a stream of revenue. Money recognized as having cash equivalent value is often thought of as the exchange medium for obtaining goods and services outside of a barter system.

According to http://definitions.uslegal.com ... revenue stream is simply another name for income, but possibly because it sounds more sophisticated than the word "sales" or "salary," was borrowed from investment talk where assets are said to have a "future revenue stream" or from government where it is less crass-sounding than "taxes"the phrase has come into current use in business to mean sales (more about revenue streams).

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related: gross income; profit
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The Enterprise and Economic Development Glossary
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a resource of the .network library
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bottom line:

... a pragmatic summary of essential point(s); the place on income or financial statements at which the absolute net amount of gains and losses are reported; the upshot of something said; the succinct point that is the gist of a verbal statement or evaluation; a ruthless statement of what is expected in terms of results from an action. The bottom line gets the attention of those who are stakeholders whether its in something in which they put their time or money.
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related: enterprise and economic development; gains and losses
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FYI: definition of net income definition of bottom line what is net income is profit definition of net profit definition of revenue stream definition of medium of exchange definition of cash equivalent value what does bottom line mean what is a bottom line what is a bottom line evaluation

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Economic Development Services, Inc. / copyrights © and all rights reserved / 04/06/2010