Top definition
Now overused term for 'so the bottom line is...'
Comes from an investor/accounting concept when valuing a company; based on the sum of sales/what you own (net assets) vs sum of debts (net liabilities). Weighing up net assets vs net liabilities (net-net) then says whether you have an overall positive or negative business. The term is very reductive - you don't need to explain what individual parts make up the positives or negatives, or how big they are... just that the final result is a win/loss or a yes/no.
Somehow the term has gradually crept from accounting into general business jargon (net-net this deal is good) and eventually just to give an opinion where you don't feel like providing any of the detail of how that view was formed or allow for argument from another person (I've done all the weighing up and we are going this way).
Comes from an investor/accounting concept when valuing a company; based on the sum of sales/what you own (net assets) vs sum of debts (net liabilities). Weighing up net assets vs net liabilities (net-net) then says whether you have an overall positive or negative business. The term is very reductive - you don't need to explain what individual parts make up the positives or negatives, or how big they are... just that the final result is a win/loss or a yes/no.
Somehow the term has gradually crept from accounting into general business jargon (net-net this deal is good) and eventually just to give an opinion where you don't feel like providing any of the detail of how that view was formed or allow for argument from another person (I've done all the weighing up and we are going this way).
by Sargasso_Fade March 25, 2020
May 27 Word of the Day
The act of extreme masturbation. You must "knock one out" whilst in close proximity to any of the following; Your mum, a nun, your boss, a member of parliament, George Michael. A person with capabilities to act upon catching you mid self-abuse obvisouly ups the ante. Ejaculation must be reached before your danger wank target comes (no pun intended) to investigate. The higher the chances of being discovered with one's pants down, pulling one's war face is obviously where the danger comes from. The more danger involved the harder (or softer) it is to complete the task in hand (snigger). The more dangerous the better. The chance of being arrested, pummeled by an angry father or having your hand severed by an arab's sabre means that you are a pro "Danger wanker."
"I was in my bedroom and i shouted downstairs, "Mum there's call the police there's a madman with a set of steak knives hacking me to pieces!" As soon as I heard her scream, I dropped my trousers and commenced the danger wank. As I heard her stomp up the stairs I knew i had to be quick so i upped the pace, i heard her stumble on the top step, which bought me some time. Unfortunately for me I timed my finish badly. As my mum barged through the door armed with a rollign pin I chugged all over her. I spent the evening in A&E with concusion. Now thats what i call extreme DW"
by johnnynika May 30, 2006
2
A term used by office douchebags that mean to say net but feel that repeating the word makes them sound more important important.
The "net net" is we are wasting time here because you like to listen to yourself pontificate and repeat words at meetings.
by joe5628 May 09, 2008
4
The absolute, no more BS, bottom line. When some one gives your the "NetNet" it means they have cut through all the crap and all that remains is the undiluted bottom line.
The NetNet of working for this company is horrible work hours with great pay and 6 figure bonuses.
So just cut through all your sales tactics and give me the NetNet on this deal.
So NetNet... I love you, and she means nothing to me... (yeah, probably won't work for you either)
So just cut through all your sales tactics and give me the NetNet on this deal.
So NetNet... I love you, and she means nothing to me... (yeah, probably won't work for you either)
by cds-nnm September 12, 2011
5
A word that really doesnt mean anything. People tend to use this term when they are at a loss of words and are not bright enough to use proper english. They are generally round in body shape and speak somewhat gay. I do not recommend using this term in the workplace!!
If you decide you want to contribute 10 dollars a day for a week, the net-net is going to be 70 dollars.
by Edward06 October 12, 2006