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joevip's avatar

What is a net sheet in tems of banking?

Asked by joevip (155points) October 24th, 2008

net sheet

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2 Answers

jvgr's avatar

“net sheet” is a real estate term, not a banking term.
It is an itemized list of all expenses that a house seller will incur in selling the house deducted from the sale price, so the seller is clear on what the net proceeds will be.

Judi's avatar

A net sheet would probably list income and expenses and come up with a “net” profit.

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