Crossword Genius

North-east race, after deductions (4)

Ross

I believe the answer is:

nett

'after deductions' is the definition.
(I've seen this before)

'north-east race' is the wordplay.
'north east' becomes 'ne'.
'race' becomes 'tt'.
'ne'+'tt'='NETT'

(Other definitions for nett that I've seen before include "not including packaging" , "After taxes" , "cleared of all charges" , "After making deductions" , "Free of tax" .)

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