Neat Or Net - Definition - Law Dictionary Home Dictionary Definition neat-or-net

Definition :

Neat or net, the weight of a pure commodity alone, without the container cask, bag, dross, packing, etc., opposed to 'gross' weight (Continental 'tare' opposed to 'brut'), also 'undiluted.' In accounts of sum of money after deduction of all stand outgoings or expenses, or other deductions, Com. Term.

Net rent. In houses to which the Rent and Mortgage Interest Restrictions apply the rent on the 3rd August, 1914, less the rates (if any) payable by the landlord and included in that rent.