### Question
What does net proceeds mean?


### Answer
**Net proceeds** has the following meaning in *26 U.S.C. § 7871*:

> given such term by section 150(a)(3).

#### Citation:
  - *26 U.S.C. § 7871*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 80-GENERAL RULES > Subchapter C-Provisions Affecting More Than One Subtitle**

