Words / N / Business

net operating income

noun/nɛt ˈɒpəreɪtɪŋ ˈɪnkʌm/

C1CEFR level
65/100Rarity: rare
TechnicalRegister

A property's rental income after operating expenses but before financing and tax.

Rising service charges eroded net operating income across the portfolio last year.

Similar: NOI

Topic: Real estate & property in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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