netgjöld
Netgjöld is a term used in Icelandic financial language to describe the net amount of a fee, charge, or tax after deductions. It represents the payable portion after applying reductions such as discounts, rebates, credits, or exemptions. The concept is commonly contrasted with grossgjald, the total charge before any reductions. Netgjöld does not, in itself, denote profit or revenue; it is the amount owed by a payer or due to a government or service provider.
Calculation and interpretation: netgjöld = grossgjald minus discounts, rebates, and exemptions. If a system includes vouchers or
Contexts and variations: netgjöld is used in consumer pricing, government taxation and service fees, and corporate