Net Sales definition: Copy, customize, and use instantly
Introduction
The term "Net Sales" refers to the total revenue a company earns from the sale of goods and services, minus returns, allowances, and discounts. It is essential for providing an accurate reflection of a company's actual revenue from its business operations.
Below are various examples of how "Net Sales" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Net Sales" as revenue after deductions
This definition ties "Net Sales" to the adjustment of gross sales for returns, discounts, and allowances.
"Net Sales" means the total revenue from the sale of goods and services, after deducting returns, allowances, and discounts granted to customers.
Definition of "Net Sales" as adjusted sales revenue
This definition connects "Net Sales" to the adjustments made to sales revenue for various deductions.
"Net Sales" refers to the amount of sales revenue remaining after deducting returns, allowances, and discounts provided to customers.
Definition of "Net Sales" as post-deduction revenue
This definition links "Net Sales" to the revenue that remains after applying certain deductions.
"Net Sales" means the total sales revenue from products and services, excluding returns, allowances, and promotional discounts granted to customers.
Definition of "Net Sales" as final sales value
This definition ties "Net Sales" to the final value of sales after accounting for all relevant deductions.
"Net Sales" refers to the amount of revenue from the sale of goods and services, after taking into account returns, allowances, and discounts, resulting in the final sales value.
Definition of "Net Sales" as a revenue metric
This definition connects "Net Sales" to its use as a financial metric for evaluating revenue performance.
"Net Sales" means the total revenue derived from sales, adjusted for customer returns, allowances, and discounts offered, and represents a key financial metric.
Definition of "Net Sales" as revenue less returns and allowances
This definition links "Net Sales" directly to the deductions for returns and allowances.
"Net Sales" refers to the gross sales revenue of goods and services, minus the value of returns, allowances, and customer discounts applied.
Definition of "Net Sales" as actual sales after adjustments
This definition ties "Net Sales" to the actual sales figure after accounting for necessary adjustments.
"Net Sales" means the revenue generated from the sale of products or services, adjusted for returns, allowances, and any applicable discounts or rebates.
Definition of "Net Sales" as sales after discounts
This definition connects "Net Sales" to the impact of discounts on total sales revenue.
"Net Sales" refers to the revenue from goods or services after subtracting any discounts, returns, and allowances that reduce the initial sales figure.
Definition of "Net Sales" as a reduced sales figure
This definition links "Net Sales" to the reduced amount after applying customer-related deductions.
"Net Sales" means the total amount of sales revenue remaining after deducting returns, allowances, and discounts granted to customers during the sales process.
Definition of "Net Sales" as post-rebate sales revenue
This definition ties "Net Sales" to the impact of rebates on sales revenue.
"Net Sales" refers to the sales revenue after subtracting applicable rebates, returns, allowances, and any other discounts provided to customers.
Definition of "Net Sales" as effective sales value
This definition connects "Net Sales" to the effective revenue amount that remains after adjustments.
"Net Sales" means the total amount of sales revenue generated from products or services, after accounting for all deductions, including discounts, returns, and allowances.
Definition of "Net Sales" as post-transaction value
This definition ties "Net Sales" to the final value of sales after considering all deductions made during the transaction.
"Net Sales" means the total revenue received from the sale of goods and services, minus the deductions for returns, allowances, and discounts made during the transaction.
Definition of "Net Sales" as revenue after allowances
This definition connects "Net Sales" to the specific adjustment for allowances and discounts.
"Net Sales" refers to the total revenue from the sale of goods or services, after deducting allowances, returns, and discounts granted to customers.
Definition of "Net Sales" as adjusted for returns
This definition links "Net Sales" to the reduction in sales revenue due to returns.
"Net Sales" means the amount of revenue generated from sales, reduced by the value of returns, discounts, and allowances offered to customers.
Definition of "Net Sales" as revenue after deductions for discounts
This definition connects "Net Sales" to the impact of discounts on the total sales value.
"Net Sales" refers to the total sales revenue, minus any applicable discounts, returns, and allowances given to customers.
Definition of "Net Sales" as total sales minus allowances
This definition ties "Net Sales" to the adjustment for allowances provided to customers.
"Net Sales" means the total sales revenue from goods and services, adjusted by deducting returns, allowances, and any promotional discounts.
Definition of "Net Sales" as actual revenue after deductions
This definition links "Net Sales" to the actual revenue after accounting for all relevant adjustments.
"Net Sales" refers to the total revenue from sales, with deductions for returns, allowances, and discounts granted to customers, resulting in the actual revenue.
Definition of "Net Sales" as post-return sales
This definition connects "Net Sales" to the sales revenue after accounting for product returns.
"Net Sales" means the revenue from the sale of products, reduced by the value of returns and any applicable allowances or discounts.
Definition of "Net Sales" as revenue minus rebates
This definition ties "Net Sales" to the deductions related to rebates on goods or services sold.
"Net Sales" refers to the total sales revenue, minus rebates, returns, allowances, and any other discounts granted to customers.
Definition of "Net Sales" as revenue less returns and discounts
This definition links "Net Sales" to the revenue minus both returns and discounts applied to sales.
"Net Sales" means the total revenue from sales, after deducting the returns and discounts applied during the transaction process.
Definition of "Net Sales" as after-sale adjustments
This definition ties "Net Sales" to the adjustments made after a sale, such as returns and allowances.
"Net Sales" refers to the total revenue from sales of goods and services, adjusted for post-sale deductions, including returns, allowances, and discounts.
Definition of "Net Sales" as effective revenue
This definition connects "Net Sales" to the effective revenue after all deductions have been made.
"Net Sales" means the final revenue from sales after subtracting returns, allowances, and discounts applied to the gross sales amount.
Definition of "Net Sales" as sales excluding allowances
This definition links "Net Sales" to the revenue figure after excluding allowances.
"Net Sales" refers to the total revenue from sales, minus any allowances, returns, or discounts that affect the original amount.
Definition of "Net Sales" as the actual sales revenue
This definition ties "Net Sales" to the actual revenue generated after applying all necessary deductions.
"Net Sales" means the total sales revenue from goods and services, after adjusting for any returns, allowances, and discounts provided to customers.
Definition of "Net Sales" as the post-discount sales figure
This definition connects "Net Sales" to the sales revenue after discounts have been subtracted.
"Net Sales" refers to the revenue from goods or services, after deducting any promotional or volume-based discounts, returns, and allowances.
Definition of "Net Sales" as revenue adjusted for returns and rebates
This definition ties "Net Sales" to the adjustments made for returns and rebates given by the company.
"Net Sales" means the total sales revenue after deducting returns, rebates, allowances, and any other adjustments that lower the original sales figure.
Definition of "Net Sales" as final transaction revenue
This definition links "Net Sales" to the final revenue from a transaction after all discounts, returns, and allowances are applied.
"Net Sales" refers to the final revenue generated from sales, after subtracting returns, allowances, and any applicable discounts that reduce the original price.
Definition of "Net Sales" as reduced by returns and discounts
This definition connects "Net Sales" to the reduced figure after accounting for returns and discounts.
"Net Sales" means the revenue from the sale of goods and services, reduced by returns, allowances, and customer discounts applied to the transaction.
Definition of "Net Sales" as adjusted sales income
This definition ties "Net Sales" to the adjusted income from sales after all relevant deductions.
"Net Sales" refers to the total income derived from sales, after adjusting for returns, allowances, and any discounts provided to customers.
Definition of "Net Sales" as total income minus returns and allowances
This definition links "Net Sales" to the final sales figure after subtracting returns and allowances.
"Net Sales" means the total sales revenue minus any returns, allowances, or discounts provided to customers during the sales process.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.