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Net proceeds refers to the amount of money remaining after an asset has been sold and related expenses have been paid.
How it works/Example:
For example, a homeowner sells his house for $100,000. After deducting real estate agent fees and closing costs of $10,000, his net proceeds equal $100,000 – $10,000 = $90,000.
This can also apply to selling stocks and other assets, where the expenses might include broker and other transaction fees.
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