Net Proceeds

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Dictionary Says

Definition of 'Net Proceeds'

The amount received after all costs are deducted from the sale of a piece of property or  security.
Investopedia Says

Investopedia explains 'Net Proceeds'

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.

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