Netback
Definition & Meaning
Part of speech noun
Quick meaning: Netback is a noun meaning (oil industry) Revenues received from the sale of oil or gas on spot market minus the costs of extraction, processing and transportation.
Meaning
(oil industry) Revenues received from the sale of oil or gas on spot market minus the costs of extraction, processing and transportation.
Word Forms
- netbacks
- net-back
- net back
Related Words
Related dictionary entries include net, sellback, billback, profit, netput, net net.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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