Netback Definition

nĕtbăk
noun
The value of a unit of crude oil or natural gas calculated as the sales price of the products refined from it minus the cost of producing those products.
American Heritage
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Other Word Forms of Netback

Noun

Singular:
netback
Plural:
netbacks

Origin of Netback

  • From net + back. The term was widely adopted by the oil industry in the second half of 1985.

    From Wiktionary

Find Similar Words

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Words Starting With

NNENET

Words Ending With

KCKACK

Unscrambles

netback

Words Starting With N and Ending With K

Starts With N & Ends With KStarts With NE & Ends With KStarts With N & Ends With CK

Word Length

7 Letter Words7 Letter Words Starting With N7 Letter Words Ending With K
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