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BizTerm Definition
Net Income
Quick Definition
Reported Earnings
Full Definition
The "bottom line," according to generally accepted accounting principles (GAAP). Sometimes called "reported earnings," these are the numbers the Securities & Exchange Commission (SEC) accepts in a public company's filings.
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Net income
Full Definition
The "bottom line," according to generally accepted accounting principles (GAAP). Sometimes called "reported earnings," these are the numbers the Securities & Exchange Commission (SEC) accepts in a public company's filings.