- net balance
- As applied to the proceeds of a sale, the balance of the proceeds after deducting the expenses incident to the sale. Evans v Waln, 71 Pa St 69, 74.
Ballentine's law dictionary. Anderson, W.S.. 1998.
net balance
Look at other dictionaries:
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net balance — In reference to the sale of goods, the proceeds from the sale, after deducting expenses associated with the sale (commissions, etc.) + net balance In commercial usage, the balance of the proceeds, as from a sale of stock, after deducting the… … Black's law dictionary
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