🇰🇷Korean Source WordCode: KO

순이익

Pronunciation / Transliteration: sun-i-ik

🇬🇧 Direct English Meaning:
Net income/ˈnɛt ˈɪn.kʌm/
nounCEFR B2 (Upper)Top #2500 frequency
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🇰🇷 Example Sentence in Korean:

"이번 분기 회사의 순이익이 크게 증가했습니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    An individual's income after taking taxes and other deductions into account; take-home pay.

    "After taxes and retirement contributions, her monthly net income is sufficient to cover all living expenses."
  2. 2

    The total earnings of a company after subtracting all operating expenses, interest, taxes, and preferred stock dividends from total revenues; net profit or bottom line.

    "The tech company reported a record net income of fifty million dollars for the fiscal year."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Middle English 'net' (meaning clear or pure, from Old French 'net', ultimately from Latin 'nitidus' meaning shining or neat) and 'income' (from Old English 'in-' and 'cuman', meaning to come in). The compound term emerged in commercial and accounting terminology during the late 19th century to denote the total earnings remaining after all expenses, taxes, and costs have been subtracted from total revenue.

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