Net Proceeds
The amount received after all costs are deducted from the sale of a piece of property or security. Investopedia Says:
In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). Alternatively, in the case of a real-estate sale net proceeds represent the amount the seller receives minus realtor commissions, legal fees and any other closing costs. Capital gains taxes are paid only on the net proceeds. Related Terms:
Capital Gain
Capital Loss
Closing
Deferred Income Tax
Drought Sale
Formal Tax Legislation
Land Value
Net Loss
Taxable Gain |