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NET Definition & Legal Meaning

Definition & Citations:

Clear of anything extraneous; with all deductions, such as charges, expenses, discounts, commissions, taxes, etc.; free from expenses. St. John v. Erie R. Co., 22 Wall. 148, 22 L Ed. 743; Scott v. Hartley, 126 Ind. 239, 25 N. E. 826; Gibbs v. People’s Nat. Bank, 198 111. 307, 64 N. E. 1060.


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