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ENGLISH · A WORD WITH POSSIBILITIES

netback.

Revenues received from the sale of oil or gas on spot market minus the costs of extraction, processing and transportation.

7 characters2 syllables approx.English language

Meaning & usage

noun
  1. Revenues received from the sale of oil or gas on spot market minus the costs of extraction, processing and transportation.

    countable · uncountable
Where this word comes from

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

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Definitions, grammatical labels, IPA, etymology and examples: Wiktionary contributors, extracted by Kaikki / Wiktextract. Adapted under CC BY-SA 4.0. Selected fields and authored examples are shown; third-party quotations and audio are omitted. See contributor history.

Last enriched 2026-09-10. Definitions are in English. Romanizations are shown when supplied by the source; syllable estimates are omitted for unsupported scripts.