Net Credit
The amount of premium received when opening a trade where you collect more than you pay.
Explanation
A net credit is the hallmark of premium-selling strategies. The credit received is the maximum profit potential (for credit spreads) and represents immediate cash inflow. Credit trades benefit from time decay and decreasing volatility.
Example
You sell a 150/145 put spread on AAPL for $1.50 net credit. You receive $150 per contract upfront.